Maanshan Iron & Steel to build a leading enterprise in the global rail transit wheel and axle industry

wrought steel wheel

With the development of China’s railway transportation, freight, and high-speed rail, the supporting wheel products are also developing rapidly, and continue to explore the international market.

From 2019 to 2021, the wrought steel wheel products of Magang Railroad Material Technology Co., Ltd ranked first in the country in terms of domestic market share for three consecutive years and more than 400,000 products per year. The sales volume ranks among the top 3 sales volumes of wrought steel wheel manufacturers in the world. While maintaining a high market share in the United States, France, and other European markets, Maanshan Iron & Steel Co., Ltd. restarted the Russian market which had been stagnant for ten years in 2019, and gradually resumed market supply in Russia. The global market share has jumped the world since 2019. Top three.

The predecessor of Maanshan Iron & Steel Jiaocai was Masteel Wheel and Tire Factory, which was founded in the 1960s. It was the first wheel and tire manufacturer in China and the birthplace of China’s first wheel tire and wrought steel wheel. The glorious history of my country’s rail transit equipment from scratch, from backwardness to going abroad.

After more than 60 years of hard work, iterative development, inheritance, and innovation, the former wheel and tire factory has a full range of production capacity from wheel to axle and has a full spectrum of rail transit steel, hoops, wheels, axles, and wheelsets. It has become an international wheel and axle supplier with strong market competitiveness and influence.

After joining China Baowu in 2020, Maanshan Steel Co., Ltd. will base itself on a broader platform, give full play to the core role of technological innovation in promoting its high-quality development, insist on promoting the construction of R&D platforms and R&D centers, continue to upgrade smart manufacturing capabilities, and enhance R&D. Strength, stable process quality control, and continuous expansion of market leading advantages; insist on expanding varieties and pedigrees, and continue to plan the promotion and application of new products and strategic products, so as to practice basic skills for “building a global leader in the rail transit wheel and axle industry”.

In recent years, the wheel and axle products of all lineages of Maanshan Iron & Steel Co., Ltd. have not stopped moving forward: the 957 series wheels exported to the CIS have passed the GOST certification and achieved mass supply; passed the German Railway High-speed wheel certification and achieved 160 pieces of supply, with a speed of 400 per hour The kilometer high-speed wheel was successfully rolled off the production line, and the 350 kilometers per hour Fuxing wheel won the Gold Award for Innovative Products at the 2019 World Manufacturing Conference and will be installed on the whole vehicle this year. The high-speed wheels have successively passed the Korean certification and completed the first batch of shipments in March this year. The British standard A3T material axle was successfully developed to fill the domestic gap. The “National and Local Joint Engineering Research Center for Advanced Manufacturing Technology of Key Components of Rail Transit” was approved and listed by the National Development and Reform Commission run……

Joining Baowu Group, Maanshan Iron & Steel has strengthened its service awareness, focused on customers, and improved customer loyalty with high-quality services throughout the entire process and life. cooperation, play the active and stable strategic role of the main channel, rely on my country’s industrial policy, especially the “Belt and Road” national initiative, deepen the strategic cooperation with China Railway General Administration and CRRC, and take the initiative to develop the international market. In recent years, the market share With steady growth, the annual production, and sales volume of wheel products have reached more than 400,000 pieces.

In 2021, the domestic market share of Maanshan Iron & Steel Co., Ltd. will be close to 50%, and the international market share will exceed 12%. The annual revenue will increase by 15.76%, and the weighted progress of the total revenue and profit will be 3.8%. Overseas exports account for nearly 40%, and the internationalization index ranks at the forefront of all subsidiaries of Baowu in China. In the Ma’anshan Economic and Technological Development Zone (Demonstration Park) held at the beginning of this year, the three-year doubling breakthrough of the manufacturing industry and the mobilization meeting of “changing work style, doing practical things and improving the environment” was awarded as one of the top 20 enterprises by industrial operating income in Ma’anshan Economic and Technological Development Zone (Demonstration Park) in 2021 The first prize, the first prize of the 2021 Top Ten Excellent Enterprise Management Teams of the Export-oriented Economy.

As of March 31, 2022, Maanshan Iron & Steel Co., Ltd. achieved a good start in quarterly production, and its sales increased significantly compared with the same period last year, and fully exceeded the progress of the business plan, creating the best start in history. What’s more worth mentioning is that in the first quarter, the market share of domestic urban rail wheels of Maanshan Iron & Steel Co., Ltd. exceeded 70%, hitting a record high.

GloryRail has been focusing on rail systems for many years. In addition to supplying various rail products. Glory Rail also provides wheel products to customers. We provide high-quality wheel products from Maanshan Iron & Steel, Taiyuan Heavy Industry, Xinhe, and many other factories.. Glory Rail also maintains close cooperation with a number of rail factories in China to provide a full range of rail products. To be the most professional rail system supplier has always been the goal of GloryRail.