The Tuesday evening announcement of Masteel shares (600808) says that the National Development and Reform Commission has agreed in principle the company carry out the environmental relocation project of Maanshan Iron Steel Co., Ltd. (Hefei) under the premise of Anhui province reducing general scales of iron and steel .

The announcement shows that the Iron and steel production system: the main new process facilities of the project include sinter, coke oven, blast furnace, electric furnace, converter, refining, continuous casting, hot rolling mill, pickling cold rolling mill, continuous annealing and hot dip galvanizing line, etc. The products are pitched in home appliances, light industry and other industries with high-end plate and high-speed wheel, large steel castings ,etc . After the implementation of the project, the headquarters of Maanshan Iron and Steel annually manufacture 13.55 million tons of pig iron, 15 million tons of steel, 14.08 million tons of steel products. And Hefei company has had the deep processing capacity of an annual output of 255 million tons of steel products.

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