MCC and Minmetals are both Fortune 500 companies. MCC merged into Minmetals and became a subsidiary of Minmetals, which was naturally downgraded.
China Metallurgical Industry Group Co., Ltd. (MCC for short) belongs to China Minmetals Corporation and is a pioneer and builder of metallurgical industry in China. It has successively undertaken the construction tasks of major national iron and steel industrial bases such as Baosteel, Angang and WISCO, and made outstanding contributions to the development of China's metallurgical industry.