China’s Ma Steel Group will accelerate the implementation of green manufacturing projects and smart manufacturing projects during this year. Ma steel has presented a new blueprint for development in the year, according to China Metallurgical News.
Ma Steel’s output of crude steel exceeded more than 20mn mt for the first time and the revenue reached CNY100bn. Ma Steel will comprehensively coordinate with Baowu Group and achieve synergistic benefit of CNY2bn through professional integration.
The company adhere to promote the long term stable and efficient production and will optimize functioning of its blast furnaces, coal blending and ore distribution. The company’s Yangtze Steel base has become an important production base for high quality building materials. Ma Steel’s H beam steel, special steel rods and wires are important products in domestic markets.