On 29th Feb, Fangchenggang City and Wuhan Iron and Steel (Group) Company signed a MOU on starting construction of the Fangchenggang iron and steel base project.
From 26th to 28th Feb, representatives from Fangchenggang City visited Wuhan Iron and Steel (Group) Company, and had a talk with the managers of the company. Both parties agreed on boosting the iron and steel base project in Fangchenggang.

Hu Wangming, vice general manager from Wuhan Iron and Steel (Group) Company, said: "Fangchenggang project is in accord with national industry policy, and has advantages in location, resources and transport. The project should be realized as soon, and our company will develop the project a high grade and high quality iron and steel production base, contributing to the development of Fangchenggang City."