Recently,learned from the elimination of backward production capacity and mergers and acquisitions work meeting held by Hubei Provincial Government, through eliminating backward production capacity and promoting corporate mergers and acquisitions,the Iron and steel enterprises in Hubei Province was integrated into 27 from 116.The production of Wuhan Iron and Steel and Xinye steel accounted for more than 60% of the province's steel production.

                                                                XINSTEEL NEWS