According to the official website of Taigang, on April 2, the high-performance reduced iron powder expansion project of the third phase of Taigang Powder Technology Co., Ltd. of Taigang Group was completed and put into production. In 2007, in order to adapt to the development of the market economy, Shandong Taigang Group and Harbin Institute of Technology, Shandong University and other institutions of higher learning jointly developed high-tech projects for new materials such as powder metallurgy and magnetic materials that are suitable for China's national conditions. The first phase of the project invested 3600. Ten thousand yuan. In 2009, the second phase of the 5,000-ton reduction furnace project of Taidong Powder Co., Ltd. was put into operation. At this point, Taidong Powder has an annual production capacity of 10,000 tons of reduced iron powder. This time, the high-performance reduced iron powder expansion project was completed and put into production, which marked that the output of reduced iron powder of Taigang will reach 25,000 tons, ranking second in the country and accounting for one-tenth of the country's total production capacity. Wang Shoudong, chairman of the board of directors and secretary of the party committee, said that this is an important step for Taigang to further expand and strengthen the high-tech industry. It will further strengthen the competitive strength of Taigang in the field of iron powder reduction and application, strengthen economic growth, and enhance Thailand. Steel brand image will play an important role.
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