12th Rare Earth Summit
May 27-28, 2021
Hangzhou, Zhejiang, China
11th Aluminum Raw Materials Summit
May 20-21, 2021
Hangzhou, Zhejiang, China
9th Magnesium Summit
April 15-16, 2021
Hangzhou, Zhejiang, China
13th World InBiGeGa Forum
March 25-26, 2021
Hangzhou, Zhejiang, China
7th World Antimony Forum
June 13-14, 2019
Changsha, Hunan, China
7th Refractory & Abrasive Materials Summit 2019
May 23-24, 2019
Qingdao, Shandong, China
10th Aluminum Raw Materials Summit
May 16-17, 2019
Zhengzhou, Henan, China
11th Rare Earth Summit
May 9-10, 2019
Qingdao, Shandong, China
8th Magnesium Summit
April 11-12, 2019
Zhuhai, Guangdong, China
12th World InBiGeGa Forum
March 14-15, 2019
Zhuhai, Guangdong, China
6th World Manganese & Selenium Forum
May 21-22, 2018
Hainan Sanya, China
Magang Group completes de-capacity three-year plan
2018-10-30 17:40:46 【Print】
On October 29th, Magang Group completely finished the three-year plan of reducing capacity of iron and steel and the overall equipment has really stepped up to a large and modern level.
Over the past three years, Magang Group has eliminated 2.24 million tons of iron-making capacity and 2.69 million tons of steel-making capacity, and distributed 29,204 employees. Its annual capacity of pig iron and crude steel decreased from 22.14 million tons and 26.44 million tons in late 2015 to 18.3 million tons and 21.71 million tons, down by 17.34% and 17.89% respectively.
.
Over the past three years, Magang Group has eliminated 2.24 million tons of iron-making capacity and 2.69 million tons of steel-making capacity, and distributed 29,204 employees. Its annual capacity of pig iron and crude steel decreased from 22.14 million tons and 26.44 million tons in late 2015 to 18.3 million tons and 21.71 million tons, down by 17.34% and 17.89% respectively.
.