For more than 40 years, Panzhihua Iron & Steel has developed into a modernized iron, steel, vanadium and titanium enterprise group with cross-region and cross-industry through the construction of Phase I and Phase II projects and the technological transformation and capital operation in recent years by relying on the abundant vanadium and titanium magnetite resources in Panxi region and relying on independent innovation to promote the leapfrog development of iron, steel, vanadium and titanium industry. The main business of iron, steel, vanadium and titanium is mainly located in Panzhihua City, Sichuan Province, Qingbaijiang District, Chengdu City, Jiangyou City, Mianyang City, Chongqing City and Beihai City, Guangxi Autonomous Region. The operating assets have been listed as a whole.
At present, Pangang has formed a comprehensive production capacity of 8.3 million tons of iron, 9.4 million tons of steel, 8.9 million tons of steel, 20,000 tons of vanadium products (V2O5), 300,000 tons of titanium concentrates, 93,000 tons of titanium dioxide. Pangang insists on relying on scientific and technological progress to develop and utilize vanadium and titanium magnetite resources in depth, which has a unique position and unique advantages in China's iron and steel industry, and is unique in three significant features. Relying on the unique resource advantages, Pangang has formed a number of international and domestic leading and proprietary technologies with independent intellectual property rights by relying on independent innovation. Ordinary blast furnace smelting of high titanium vanadium and titanium magnetite iron ore technology has reached the world's leading position, and won the first prize of national technical invention and the first prize of national scientific and technological progress; continuous casting technology has reached the international leading level; full-length residual heat-quenching rail technology has formed independent intellectual property rights, and on-line heat treatment technology is the world's leading technology, and has won patents in China and the U.S.A.; the high-speed rail technology developed by Pangangang firstly fills in the domestic gaps, and the rail beams universal rolling and long The rail beam universal rolling and long-scale production technology is leading in the world; the Φ340mm continuous rolling unit for non-uniformed steel pipes has reached the world advanced level; the cold rolled hot-dip galvanized aluminum production line has reached the world advanced level. The development and optimization technology of vanadium extraction converter process is leading in the world and won the first prize of Sichuan Provincial Scientific and Technological Progress; vanadium nitride production process technology is the first of its kind in the world, breaking the U.S. monopoly on the global vanadium nitride market, and won the second prize of National Technological Invention, the special prize of China Metallurgical Science and Technology, and the first prize of Sichuan Provincial Scientific and Technological Progress; the world-wide problem of ilmenite recycling technology is solved, and the research on the engineering technology and equipment of ilmenite ore dressing is awarded the China Metallurgical Science and Technology Prize. The research on ilmenite beneficiation engineering technology and equipment won the first prize of China Metallurgical Science and Technology and the first prize of Sichuan Provincial Scientific and Technological Progress.