The 6th meeting of the 13th Board of Directors of China Steel Corporation (CSC) was held at PM 1:30 on June 19, 2008 at Kaohsiung. Major items of the agenda adopted were:

1. Addition of an EOT crane for charging steel-making materials to basic oxygenfurnace at No. 2 Steel-making plant. This project will reduce the waiting time for charging materials and help increase liquid steel production.

2. In order to raise regional resource utilization efficiency and reduce pollution and CO2 emission, CSC has been promoting the integration of energy resources within the Lin Hai Industrial District since 1993 by selling excess quantities of energy resources (steam, oxygen, nitrogen and argon) to neighboring plants. Since the Ta-Lin Refinery of CPC Corporation and Shang Cheng Steel Industrial Company wish to reduce their steam production or stop using steam boilers, they would like to buy steam from CSC. The meeting therefore resolved to set up additional steam pipes. This project is scheduled to complete in June 2010. When this project completes, about 35,500 tons of CO2 emission will be reduced per year inthe Lin Hai Industrial District of Kaohsiung.