After the founding of New China Wuhan Iron and Steel is to build the first large steel company, began construction in 1955, September 13, 1958 put into operation, the key state-owned enterprises and the central SASAC straight tube.
WISCO has from mine mining, coking, iron making, steel making, rolling and associated infrastructure and facilities such as a set of advanced steel production process equipment, is an important high-quality plate production base, the joint reorganization Hubei Wuhan Steel, Liuzhou Steel, Kunming Steel later, has become a production of nearly 40 million tons of large-scale enterprise group, ranking fourth in the world steel industry, in 2010, Wuhan ranks among the world's top 500. Wuhan Iron and Steel has been fully completed over the "Eleventh Five-Year" development plan, "second five" development goals: Group of steel production capacity of 60 million tons, has become the world's top 500 outstanding enterprises more competitive, and built a world-class large steel enterprise groups .
