A consortium led by DMS was awarded a contract to supply a new cold-rolled annealing and pickling line for Baosteel Group Ningbo Baoxin Stainless Steel Co. Ltd. in Ningbo, Zhejiang province, China. Drever International S.A. will supply the annealing furnace and cooling section. The equipment is designed for a maximum production of 47.4 t/h of cold-rolled stainless steel. The line is scheduled to start production in 2005.