Wuhan Iron and Steel (Group) Corporation (WISCO) is the largest state-owned steel company in Central China. Founded in 1958, WISCO is one of the earliest iron and steel enterprises in the Peoples Republic of China. It is the backbone of Chinas iron and steel industry and the pillar industry of Hubei Province.
WISCO is a major base for the production of iron and steel products in China. Its main products include hot-rolled coil, cold-rolled coil, cold-rolled sheet, medium-thick plate, pickling, galvanized sheet, wire, stainless steel, and heavy forgings. The company also produces ancillary products such as building materials, machinery manufacturing and environmental protection.
WISCO has had an outstanding record of corporate innovation for many years. Not only has the company established a strong presence in the domestic steel market, but it also has designed and manufactured high-end products for a number of leading customers. This is made possible through WISCO’s close collaboration with universities in China and abroad.
In recent years, WISCO has made significant progress in research, development and innovation. In 2019, the company launched the China Iron and Steel Research Institute and Construction of Innovation Park, a research platform for high-end steel metallurgy, product innovation and process improvements. This platform not only helps the company develop innovative products but also optimizes the process of product manufacturing and greatly reduces production costs.
In addition, WISCO has been working hard to develop green and sustainable technologies. In 2018, the company established the Global Industrial and Environmental Research Institute, to promote research and development on green and sustainable technologies, such as waste water treatment and air pollution prevention, and to provide advanced and efficient services to customers.
Currently, WISCO is building a smart factory in order to improve the efficiency and quality of production. The factory is equipped with advanced technologies such as big data, cloud computing, and the Internet of Things. The company also continues to innovate and improve its human resource management system, which focuses on talent development and a culture of innovation.
Overall, WISCO is committed to accelerating the transformation and upgrading of the Chinese steel industry, and positioning itself as a leader and innovator in the global steel market. With its strong R&D capabilities, advanced production and managerial knowhow, and continuous innovation, WISCO has the potential to become one of the world’s leading steel companies.
