Masteel firmly established and implemented Scientific Outlook on Development, insisted on development as the first priority, took structural adjustment as the main line, vigorously promoted the spirit of entrepreneurial innovation and creation, and accelerated the implementation of the three development strategic tasks of "strengthening the main steel industry, developing non-steel industries and establishing a modern enterprise system". At the speed of Masteel, it completed the structural adjustment of the main steel industry with a total investment of 654.38+0.5 billion yuan during the Tenth Five-Year Plan, and realized the leap-forward development of enterprises. In 2006, Maanshan Iron and Steel Co., Ltd. achieved a sales income of 34.3 billion yuan and a net profit of 2.277 billion yuan. The production of iron is 9.44 million tons, steel1.096,5438+0.000 tons and steel 1.03 million tons, ranking 9th, 7th and 7th respectively in the industry.
At present, Maanshan Iron and Steel Co., Ltd. is accelerating the 11th Five-Year Plan project with a total investment of 25 billion yuan, focusing on the construction of 5 million tons of high-grade plate production line, which will be fully completed and put into operation in 2007. By then, Masteel will form a steel production scale of150,000 tons, further optimize its product structure, further enhance its market competitiveness, scientific and technological development ability and anti-risk ability, and take a more solid step in the process of building a modern enterprise group with international competitiveness.