CISDI and Masteel join forces to form Chinese steel powerhouse
Date:2018/4/27 Source: CISDI
Chinese giants CISDI and Masteel have joined forces to become a formidable partnership in the quest to extend their country’s intelligent steel manufacturing capabilities.
Leaders are celebrating the signing of a strategic co-operation agreement, which signals a pledge of mutual trust and collaboration.
The pledge will see the two companies working together to develop steel transformation and upgrading methods. Both parties will partner on a wide range of research and development projects covering engineering, manufacture, refined management, marketing and industrialisation.
Masteel Group is one of China’s largest steel complexes and an A+H stock-listed company with an annual capacity of 20 million tonnes. Masteel’s wheels and H sections are among China’s most famous branded products and its plant in the Anhui Province has numerous world-class features.
It boasts the best production lines in the world for thin strip cold and hot-rolling, hot-dip galvanizing, strip colour coating and produces silicon steel, H-beam, high-quality wire and rod and train wheels. Its H section mill, high-speed wire-rod mill, bar mill and tire mill are also world-leading.
Its production of long products, strips and wheel axles has been upgraded significantly and the company owns the intellectual property rights and core technologies for producing wheels, H sections, cold heading steel and line pipes used for steel restructuring and transformation.
In the new era of steel manufacture, Masteel is developing into an ever higher-quality producer and is focussed on product upgrading, extending the industrial chain and boosting performance, energy conservation and emissions reduction.
Its new partner CISDI is going global with its highly advanced digital and intelligent technologies and its consulting-led total solutions are creating huge environmental and cost-saving benefits for its clients.
With a firm commitment to industrial upgrading, CISDI is employing and further developing methods of green and intelligent manufacture and new processes, researching new materials and new approaches to manufacture.
Leaders of CISDI and Masteel are pictured at the signing of a mutual strategic cooperation agreement