Will Linyi Sande Special Steel be reorganized this year?

Yes Linyi City will set up Linyi Iron and Steel Union Co., Ltd. with Linyi Jiangxin Iron and Steel and Linyi Sande Special Steel as the main bodies; Binzhou will take Wang Xi Group and Shandong Guangfu Group as examples. The zone will seize the favorable opportunity of the structural adjustment of the iron and steel industry in Shandong Province and focus on the merger and reorganization of Jiangxin Iron and Steel and Sande Special Steel. At the same time, optimize the allocation of resources, strengthen technical upgrading, and improve product grades.