Steel workers move wheels at a wheel branch of Ma'anshan Iron and Steel Company (Magang Group) in Ma'anshan City, east China's Anhui Province, Sept. 23, 2014. Founded in 1958, Magang's steel production capacity presently amounts to 18 million tons, among the top 20 steel enterprises in the world. However, steel industry is receding to a low ebb and the steel-maker has been seeking new road to get over the valley. For years, besides its iron and steel business, Magang also developed diversified industries including mineral resource, finance, environment protection, logistics, trading, engineering, steel structure, equipment manufacturing and erection, technology consulting and labor services. (Xinhua/Zhu Weixi)
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