Daming International Deepens Strategic Cooperation with Maanshan Iron & Steel

On August 11, a delegation from Daming International Holdings visited Maanshan Iron & Steel Co., Ltd. (MaSteel) to further strengthen the long-standing partnership between the two companies.

The visit focused on deepening collaboration in supply chain integration, product development, and service innovation to support the high-quality development of the steel industry and downstream manufacturing sectors.

The Daming delegation was led by Chairman Zhou Keming, accompanied by President Liang Zongren, Assistant to the President Zhang Jun, Group Technical Director Wang Xiaojian, Carbon Steel Division General Manager Jiang Suiqiang, and general managers from Hangzhou Daming, Zhejiang Daming, Wuxi Daming, and Jingjiang Daming. Leaders from the Group’s carbon steel sales and supply departments also participated in the visit.

The delegation was warmly welcomed by Mr. Qi Weidong, Party Secretary and Chairman of Maanshan Iron & Steel, along with senior representatives, including Assistant General Manager Zhou Zhongxi, Special Steel Company General Manager Zhu Guanghong, and deputy general managers from the Marketing Center and Baosteel International Central China Company.

In-Depth Exchange on Strategic Development

During the meeting, both sides exchanged updates on recent business performance and strategic plans. Chairman Qi Weidong introduced Masteel’s ongoing product structure optimization and business transformation efforts, emphasizing the company’s focus on mid- to high-end product lines and innovation-driven growth despite current challenges in the steel market.

Chairman Zhou Keming shared Daming International’s latest progress in carbon steel services, highlighting the company’s processing network layout, service capabilities, and digital transformation initiatives. He expressed appreciation for Masteel’s long-term support in areas such as raw material supply, product development, technical cooperation, and customer services.

Chairman Zhou also noted the complementary strengths of both companies and expressed hope to continue building on years of close collaboration to jointly create a high-quality, resilient supply chain that better supports the upgrading of downstream industries.

Strengthening Regional Integration and Service Synergies

Both parties reviewed the outcomes of their existing partnership and identified new areas for cooperation. Leveraging Masteel’s advantageous location in East China and Daming’s four processing bases in the region, the two sides agreed to enhance coordination in key product segments, including hot-rolled, cold-rolled, and pickled steel.

By aligning Masteel’s diverse product portfolio and production capabilities with Daming’s extensive processing and distribution network, both companies aim to enhance service responsiveness, reduce lead times, and create greater value for end-users.

This visit marks another important step in the long-standing cooperation between Daming International and Maanshan Iron & Steel, reinforcing their shared commitment to mutual growth and customer-centered innovation.