Fujian Luoyuan Minguang Iron and Steel Co., Ltd. successfully completed the trial production at the No.2 high-speed wire rod production line at the end of August.

The production line has a designed annual production capacity of 1.3 million tons, mainly producing construction materials, drawing materials, medium and low carbon cold heading steel, and so on.

This project was to dismantle the original high-speed wire rod production line and build two new production lines on the original site. The completion of the project can help the company realize its goals of cost reduction, carbon reduction, and green development.