Pangang Group Co., Ltd. (hereinafter referred to as Pangang) is a super-large vanadium-titanium iron and steel enterprise group developed by independent innovation relying on the rich vanadium-titanium magnetite resources in Panxi area. After more than 40 years of construction and development, it has become the largest vanadium producer in China and the second in the world, the largest titanium processing enterprise in China with the most complete titanium raw materials and industrial chain, and an important production base of railway steel, seamless steel pipe and special steel in China. The main business of vanadium-titanium steel is mainly distributed in Panzhihua, Liangshan, Chengdu, Mianyang, Chongqing and Beihai, Guangxi.
The construction of Panzhihua Iron and Steel Company is an important strategic decision of the Party and the country to develop Panxi resources, change the layout of China's iron and steel industry and build the third line. Pangang was founded in 1965, and the first phase of construction was arduous, with 1970 tapping, 197 1 tapping and 1974 tapping, ending the history of no large steel enterprises in the west. The second phase project of Panzhihua Iron and Steel Company started from 1986 and was basically completed at 1997, which realized a higher variety scale and ended the history that plates could not be produced in western China. Since 200 1, Panzhihua iron and steel co., ltd. has actively promoted the technical transformation of "changing materials into fine products", implemented cross-regional joint reorganization, built a new base for comprehensive utilization of vanadium and titanium resources in Xichang, and started a second venture with the 40th anniversary of production as a new starting point.
Panxi, where Pangang is located, is one of the regions with the richest mineral resources in China and even the world, and it is also the second largest iron ore area in China. It contains tens of billions of tons of vanadium-titanium magnetite resources, with vanadium resources accounting for 52% of China and titanium resources accounting for 95% of China. At the same time, there are many rare and precious mineral resources such as cobalt, chromium, nickel, gallium and scandium 10, which has high comprehensive utilization value.
On may 20 10, with the approval of the State Council, Angang group co., ltd and Pangang group co., ltd were reorganized jointly. After the reorganization, Angang Group Corporation was newly established as the parent company, and the State-owned Assets Supervision and Administration Commission (SASAC) performed the investor's duties on behalf of the State Council. Both Angang Group and Pangang Group are wholly-owned subsidiaries of Angang Group and are no longer directly supervised by SASAC. At this point, the number of enterprises that SASAC has performed as investors has been adjusted from 126 to 125. Relying on unique resource advantages and independent innovation, Pangang has formed a number of leading international and domestic proprietary technologies with independent intellectual property rights. The technology of smelting high-titanium vanadium-titanium magnetite by ordinary blast furnace has reached the world leading level and won the first prize of national technological invention and the first prize of national scientific and technological progress; Continuous casting technology has reached the international leading level; Full-length waste heat quenching rail technology forms independent intellectual property rights, and online heat treatment technology is the world leader, obtaining Chinese and American patents; The first high-speed railway rail technology developed in China fills the gap in China, and the universal rolling and ultra-long production technology of rail beams is internationally leading; 340mm seamless steel tube continuous rolling mill has reached the world advanced level; The production line of cold-rolled hot-dip galvanized aluminum has reached the world advanced level. The technology development and optimization technology of vanadium extraction converter is leading in the world and won the first prize of scientific and technological progress in Sichuan Province; Vanadium nitride preparation technology is the first in the world, breaking the monopoly of the United States in the global vanadium nitride market, and winning the second prize of national technological invention, the special prize of China metallurgical technology and the first prize of Sichuan scientific and technological progress; The worldwide problem of fine ilmenite recovery technology has been overcome, and the research on mineral processing engineering technology and equipment of fine ilmenite won the first prize of national metallurgical science and technology and the first prize of scientific and technological progress in Sichuan Province.