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Shagang Group currently possesses total assets of RMB150 billion and more than 30,000 employees. Its annual production capacity is 31.9 million tons of iron, 39.2 million tons of steel and 37.2 million tons of rolled products. Its major products of wide heavy plate, hot-rolled strip coil, high-speed wire rod, large bundle of wire rod, ribbed steel bar, round bar for special quality have formed 60 series and more than 700 varieties with nearly 2000 specifications, among which high-speed wire rod and ribbed steel bar products, etc.