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Why did MCC Sixth Company reduce its salary so much?

The reason for the salary reduction of MCC No.6 Company is the temporary difficulties in operation. In the first half of 2022, affected by multiple factors such as environmental protection and epidemic prevention and control, the company's production capacity and output were limited, steel production and sales fell sharply, steel prices fell, ore and coal prices were running at a high level, production and operation costs continued to increase, and the company's operating performance suffered losses. The company's turnover will return to normal and wages will rise again. China No.6 Metallurgical Plant was established in 1963, when Luoyang Copper Processing Plant was completed. Liu Ye, China is a large state-owned comprehensive construction and installation enterprise. The company has the first-class general contracting qualification of smelting engineering, housing construction engineering, municipal public works, highway engineering and electromechanical installation engineering, the first-class general contracting qualification of steel structure engineering, the second-class general contracting qualification of mining engineering and chemical petroleum engineering, the second-class professional contracting qualification of pipeline engineering and power transmission and transformation engineering, and the qualification of contracting overseas smelting, housing construction, electromechanical installation, highways and domestic and foreign bidding projects.