During the "Twelfth Five-Year Plan" period, in order to accelerate the development of advanced manufacturing industry, improve the localization level of major equipment, and further encourage the development of large, precision, and special forging technology development and equipment manufacturing, the Ministry of Industry and Information Technology issued the "Implementation Plan for the Revitalization of Mechanical Basic Parts Industry" in October 2010, which listed 10 maj

The same iron and steel enterprises are also subject to iron ore price factors, but the performance of Baosteel, Wuhan Iron and Steel Co., Ltd. and Angang Iron and Steel Co., Ltd., the three largest domestic steel listed companies, in the first quarter of this year, is quite different.

In the third quarter of last year, the Zhejiang Provincial Government "interviewed" many enterprises, including Ningbo Iron and Steel, and requested that they stop production and repair for four months in September, October, November and December. At that time, Ningbo Iron and Steel suffered losses of up to 400 million yuan.