Wuhan Iron and Steel is the first large-scale steel complex built after the founding of New China. Construction began in 1955 and was completed and put into operation on September 13, 1958. Wuhan Iron and Steel Co., Ltd. is an important state-owned enterprise directly managed by the central government and the State-owned Assets Supervision and Administration Commission of the State Council. The headquarters factory is located in the eastern suburbs of Wuhan City, Hubei Province, on the south bank of the Yangtze River, covering an area of ??21.17 square kilometers. Wuhan Iron and Steel Co., Ltd. has a complete set of advanced steel production technology and equipment from mining, coking, ironmaking, steelmaking, steel rolling and supporting public and auxiliary facilities. It is an important high-quality plate production base in my country. In the process of 50 years of construction and development, Wuhan Iron and Steel has made important contributions to my country's national economy and modernization construction. By the end of 2007, Wuhan Iron and Steel had produced a total of 194 million tons of steel and realized a cumulative profit and tax of 101.4 billion yuan, of which 69.292 billion yuan was paid to the state. 10.86 times the state’s investment in Wuhan Iron and Steel Co., Ltd. of 6.42 billion yuan. After joint reorganization with Esteel, Liuzhou Iron and Steel, and Kunming Iron and Steel, Wuhan Iron and Steel has become a very large enterprise group with a production scale of nearly 30 million tons.

Wuhan Iron and Steel Co., Ltd. currently has three main businesses, namely ferrous metal mining, smelting and processing, steel trading and metallurgical engineering technical services. The main steel products include hot-rolled coils, hot-rolled sections, hot-rolled heavy rails, medium-thick plates, cold-rolled coils, galvanized sheets, tin-plated sheets, cold-rolled oriented and non-oriented silicon steel sheets, color-coated steel sheets, and high-speed wire rods Waiting for hundreds of varieties. Among them, cold-rolled oriented silicon steel and non-oriented silicon steel products were awarded the title of "China Famous Brand Products", WISCO ship plates were awarded the title of "China Famous Brand" products, and the "Wugang Brand" trademark was awarded the "China Famous Brand". The high-quality brand-name products produced by Wuhan Iron and Steel Co., Ltd. such as bridge steel, pipeline steel, pressure vessel steel, container steel, cord steel, fire-resistant and weather-resistant steel, and electrical series steel enjoy a wide reputation in domestic and foreign markets. In 2007, Wuhan Iron and Steel became the first metallurgical enterprise to own the "National Silicon Steel Engineering Research Center". In addition, Wuhan Iron and Steel also produces coke, refractory materials, chemicals, powder metallurgy products, water slag, oxygen, rare gases and other products, and undertakes external engineering construction, mechanical processing and automation technology development. The main business of Wuhan Iron and Steel Co., Ltd. has successfully achieved overall listing and completed the share-trading reform, and the restructuring of its auxiliary businesses is actively advancing. In recent years, Wuhan Iron and Steel has won honorary titles such as the National Technological Innovation Award, the National Quality Management Award, the National Quality and Efficiency Advanced Enterprise, the National Customer Satisfaction Advanced Unit, the National Enterprise Management Outstanding Contribution Award, and the National Civilized Unit. It has been awarded by the State-owned Assets Supervision and Administration Commission of the State Council for three consecutive years. It was rated A grade in the performance appraisal of central enterprises.

Currently, Wuhan Iron and Steel is guided by the spirit of the 17th National Congress of the Communist Party of China, thoroughly implementing the Scientific Outlook on Development, achieving sound and rapid development in accordance with the national steel industry policy, and building a world-class enterprise with strong market competitiveness and A steel enterprise group with strong regional market control, it has become China's main production base for cold-rolled silicon steel sheets, automotive sheets and high-performance engineering structural steel. At the end of the "Eleventh Five-Year Plan", we will strive to achieve three goals, enter the ranks of the world's top 500 companies, enter the top 10 in the world's steel industry in terms of comprehensive competitive strength, and rank among the top 3 Chinese steel companies in terms of scale efficiency.