During the "Tenth Five-Year Plan" period, Bayi Iron & Steel concentrated its efforts on a large-scale technological transformation of the old system, successively constructing 3 blast furnaces, 3 coke ovens, expanding and transforming 2 converters, building a new set of bar units, a new self-provided heat and power plant and an oxygen generator unit, which greatly improved the production capacity and equipment level of the old system, and made it form a production capacity of 3 million tons of high-quality bar wire. The annual production capacity of the old system is 3 million tons of high-quality bars and wires. In terms of resource development and raw material base construction, during the Tenth Five-Year Plan period, two iron ore production bases in Hami and Altay were built, a 1.2 million tons/year pellet production line was constructed in the area, the Aiwergou mine was expanded and a 2.4 million tons coal washing plant was invested, a coal washing plant was constructed in Fukang, and a scrap metal recycling plant was set up at the North Station of Urumqi. A scrap metal recycling base has been established in Urumqi North Railway Station. In recent years, under the strong support of the leaders and relevant departments of the autonomous region, Xinjiang Coking Coal Group, Westland Cement Company, Xinjiang Metal Materials Corporation has been integrated into BSIET, and Shenlong Coal Mine has been restored and expanded by BSIET, which has greatly strengthened BSIET's ability to guarantee resources.