Good News

In the afternoon of May 8, Ouye Chain Gold Masteel Fuyuan Metal Resources Shanghai Base was inaugurated and Shanghai Chunye Steel 1500 tons baler was started in Baocian Logistics Park, Jiading District. Mr. Qian Jianfeng, Chairman of Shanghai Chintakai Furnace Co., Ltd, Mr. Hu Pinlong, General Manager of Jiangsu Huahong Technology, and Mr. Dai Song, Chairman of Masteel Fuyuan attended the event and cut the ribbon and inaugurated the base. The relevant departments of Ouye Chain Gold and the relevant persons in charge of upstream and downstream customer companies also attended the ceremony.

It is mainly engaged in scrap metal recycling, processing, storage and sales; pig iron and steel storage and sales; logistics; domestic trade agency services, etc. The opening of Shanghai base is an important part of the strategic layout of "one headquarter, multiple bases, network and radiation" for Masteel Fuyuan Company. The base covers an area of about 60 mu, mainly focusing on industrial heavy waste, medium waste and light material processing.

In the opening ceremony, Mr. Hu Pinlong pressed the opening button to produce the first steel scrap bale block. This baler is the Y81K-1500 hydraulic metal baler produced by Jiangsu Hua Hong Technology Co., Ltd. It is mainly used for baling the cold state bundles of various light and thin plastic ferrous and non-ferrous metal residual scraps to form tight rectangular bales for easy storage and transportation, and is the ideal equipment for metal scrap treatment in steel mills, non-ferrous metal mills and smelters.

Hua Hong Technology congratulates the successful opening of the base, which adds to the intelligent control of the whole production process and green intelligent manufacturing in the scrap steel processing industry.