A Study of the Early Construction of the Wuhan Iron and Steel Company_Vol. 1 No. 1 (JIEM 2023)_Journal of Industry and Engineering Management (ISSN: 2959-0612)

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A Study of the Early Construction of the Wuhan Iron and Steel Company

DOI: https://doi.org/10.62517/jiem.202303111

Author(s)

Liang Ding1, Suxiao Li2,*

Affiliation(s)

1Hubei University of Technology, Wuhan, Hubei, 430068, China 2Hubei Industrial Polytechnic, Shiyan, Hubei,442000, China *Corresponding Author

Abstract

In 1954, the construction of Wuhan Iron and Steel Company started, which is one of the large-scale iron and steel enterprises invested and constructed by the state after the founding of New China. The construction of Wuhan Iron and Steel Company was carried out under the policy of state-owned national construction. The site of Wuhan Iron and Steel Company was determined by experts. New China planned to allocate people, money and materials as the basis for the construction of Wuhan Iron and Steel Company. In 1956, WISCO planned to start a total of 17 projects, and in 1957, a total of 23 system projects, 136 projects and 313 individual projects were under construction at Wuhan Iron and Steel Company. In 1958, WISCO No.1 Blast Furnace went into operation, and No.1 Blast Furnace is the first modernized blast furnace for iron production built by Wuhan Iron and Steel Company. The brilliant construction achievements of Wuhan Iron and Steel Company fully demonstrated the inevitability of exploring the development of iron and steel business in a state-owned and nationalized way in the Chinese society since the modern times.

Keywords

Wuhan Iron and Steel Company; New China; Construction; State-owned; State-Run

References

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