Time is flying! Under the loving care of generations of Party and state leaders , along with the strong support from administrations at all levels and friends from all walks of life, Masteel, with its concept of “entrepreneurship, innovation and creation”, has gone through 50 years of development . For more than half a century, inspired by Chairman Mao’s twice inspection, taking as its mission the promotion of China’s iron and steel industry, Masteel has constantly strived to advance with times, worked hard with a pioneering spirit, and developed from none to existence, from a small and weak enterprise to a big and strong one. Currently, Marsteel has become a modernized super large-scale iron and steel enterprise complex with its unique competitive advantage. Hereby, on behalf of all the Marsteel people, I’d like to extend our heartfelt gratitude to leaders at all levels and friends from all walks of life for your constant care and support for Masteel!

Fifty years’ development has brought Masteel to a brand new stand. Facing the new situation with both opportunities and challenges, Masteel will, as always, continue to hold a high sense of responsibility and mission and adhere to the concept of “developing in harmony with society, environment and employees”. Guided by the principle of Scientific Outlook on Development, Masteel people will make all efforts possible for better and faster progress to reward its shareholders, employees and society with new achievements, and make greater contribution to the development of China’s iron and steel industry, economy and society!

An opening Masteel is sincerely looking forward to furthering its cooperation with friends both old and new, advancing with them hand in hand, assisting each other, and jointly building a more brilliant future!

Gu Jianguo
President and Secretary of Party Commitee,
Magang (Group) Holding Company Ltd.