From June 5438 to February 65438, 2009, it was renamed Pangang Group Co., Ltd., and now it is a wholly-owned subsidiary of Angang Group Company. For more than 40 years, Panzhihua Iron and Steel Co., Ltd. relied on the rich advantages of vanadium-titanium magnetite resources in Panxi area and made independent innovation, which promoted the leap-forward development of vanadium-titanium industry in steel. Through the construction of the first and second phase projects, technical transformation and capital operation in recent years, it has developed into a modern trans-regional and cross-industry steel vanadium and titanium enterprise group. The main businesses of steel vanadium and titanium are mainly distributed in Panzhihua City, qingbaijiang district City, Mianyang City, jiangyou city City, Chongqing City and Beihai City, Guangxi Autonomous Region. Operating assets have been listed as a whole. Unique resource advantages
Panxi, where Panzhihua Iron and Steel Company is located, is one of the regions with the richest mineral resources in China and even in the world, which contains nearly 9.6 billion tons of vanadium-titanium magnetite resources, including vanadium resources (calculated by V2O5)18.62 million tons and titanium resources (calculated by TiO2) 6180,000 tons, accounting for1of the world reserves respectively. At present, the iron concentrate production capacity of Panzhihua Iron and Steel Company has reached 6.8 million tons. Panxi area is rich in hydropower, coal and metallurgical auxiliary materials, and has the superior conditions for building a large-scale steel vanadium-titanium enterprise. Comrade Deng Xiaoping once pointed out that "it has unique advantages". Unique technology
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 has filled the domestic gap, and the universal rolling and ultra-long production technology of rail beams is leading internationally.