Taiyuan Iron & Steel Group will increase its annual production capacity of stainless steel to 3 million tns. The company has a revenue target of CNY 125 billion in 2011, a CNY 10 billion increase compared to 2010. In addition, TISCO has planned to build cold rolling mills and welding pipe mills with a capacity of 400,000tnS and 450,000tns respectively, in Tianjin.