Maanshan Iron and Steel's "Eleventh Five-Year" key technical transformation project, one of the sintering plant No. 3 shaft furnace expansion and reconstruction project, officially put into production. This is not only the largest metallurgical pellet shaft furnace in the domestic steel industry, but also the cost of purchased pellets for Magang at least 5 million yuan per month. After the completion of the No. 3 shaft furnace expansion project, the annual output of the pellet mine will jump to 2.4 million tons, achieving the medium-term strategic goal of doubling the production capacity of pellets in six years.
Maanshan Iron and Steel is one of China's largest steel conglomerates. It is the largest industrial enterprise in Anhui Province. It is located on the bank of the Yangtze River. It enjoys a superior geographical position and convenient transportation. It is known as the “one flower in the south of the Yangtze Riverâ€.
In recent years, Maanshan Iron and Steel firmly established and implemented the scientific development concept, adhered to the development of the top priority, and took structural adjustment as the main line, vigorously promoted the spirit of entrepreneurial innovation and innovation, and accelerated the implementation of “strengthening the steel industry, developing the non-steel industry, and establishing modernizationâ€. The three major development strategies of the enterprise system and the “Ma Steel Speed†completed the structural adjustment of the “10th Five-Year Plan†steel industry with a total investment of more than 15 billion yuan, realizing the leap-forward development of the enterprise. In 2006, Maanshan Iron & Steel Co., Ltd. achieved sales revenue of 34.3 billion yuan and net profit of 2.277 billion yuan. It produces 9.44 million tons of iron, 10.91 million tons of steel and 10.3 million tons of steel, ranking 9th and 7th respectively.
At present, Maanshan Iron and Steel Co., Ltd. is accelerating the “Eleventh Five-Year Plan†with a total investment of 25 billion yuan and the construction of a 5 million-ton high-grade sheet production line. It will be completed and put into operation in 2007. At that time, Maanshan Iron and Steel will form 15 million tons of steel. The scale of production, product structure further optimization, market competitiveness, scientific and technological development capabilities and ability to withstand risks are further enhanced, and a more solid step is taken in the process of building a modern enterprise group with international competitiveness.
Maanshan Iron and Steel is one of China's largest steel conglomerates. It is the largest industrial enterprise in Anhui Province. It is located on the bank of the Yangtze River. It enjoys a superior geographical position and convenient transportation. It is known as the “one flower in the south of the Yangtze Riverâ€.
In recent years, Maanshan Iron and Steel firmly established and implemented the scientific development concept, adhered to the development of the top priority, and took structural adjustment as the main line, vigorously promoted the spirit of entrepreneurial innovation and innovation, and accelerated the implementation of “strengthening the steel industry, developing the non-steel industry, and establishing modernizationâ€. The three major development strategies of the enterprise system and the “Ma Steel Speed†completed the structural adjustment of the “10th Five-Year Plan†steel industry with a total investment of more than 15 billion yuan, realizing the leap-forward development of the enterprise. In 2006, Maanshan Iron & Steel Co., Ltd. achieved sales revenue of 34.3 billion yuan and net profit of 2.277 billion yuan. It produces 9.44 million tons of iron, 10.91 million tons of steel and 10.3 million tons of steel, ranking 9th and 7th respectively.
At present, Maanshan Iron and Steel Co., Ltd. is accelerating the “Eleventh Five-Year Plan†with a total investment of 25 billion yuan and the construction of a 5 million-ton high-grade sheet production line. It will be completed and put into operation in 2007. At that time, Maanshan Iron and Steel will form 15 million tons of steel. The scale of production, product structure further optimization, market competitiveness, scientific and technological development capabilities and ability to withstand risks are further enhanced, and a more solid step is taken in the process of building a modern enterprise group with international competitiveness.
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