On December 9th, Magang (Group)Holding Co., Ltd and Daming International holdings signed a long term strategic cooperation agreement in Ma'anshan. General manager of Magang group Qian Haifan, Vice general manager of Magang sales company Zhaoyong, President of Daming International holdings Zhou Keming, Director of production technology center Tang Zhonghai, General manager of Daming Metal Technology Situ Shunxin, and Vice general manager of Daming International holdings’ carbon steel department Chenning signed the agreement as the representatives of both sides.
Magang (Group) Holding Co., Ltd. is an extralarge-sized iron and steel complex, with steel production capacity 20 million tons. Its iron & steel business is mainly in Ma’anshan Iron & SteelCo., Ltd. (Masteel) which is mainly engaged in ferrous metal smelting and rolling processing and product sale and support services. Masteel owns the top production lines in the world for thin strip cold-rolling and thin strip hot-rolling, strip hot-galvanizing, strip color coating, silicon steel, H-beam, high-quality wire & rod, train wheel, etc. A unique product catalog of “plate & strip, section steel, wire & rod and train wheel& tire” has been formed in Masteel.
Daming international holdings is a leading steel fabrication enterprise with first class processing technology, excellent processing system and rich processing experience , and has boasted nine processing centers and two deep processing factories in China. Through the strategic cooperation, Daming and Mangang shall provide better products and service to downstream customers.
