Deng Qilin, General Manager of Wuhan Iron and Steel (Group) Corporation and deputy to the National People's Congress, said that this year the company will build pig farms with a 10,000 head capacity, CNR reported.

Due principally to the shortage of iron ore resources and rising cost of logistics, the profit margin of China's iron and steel production industry has fallen to 3% over the past two years, putting profits well below the 6 percent average profit margin of the country's industrial sector.

This year, the company plans to invest 39 billion yuan in non-steel industries in order to make increased profits through reform and transformation.

(China.org.cn March 8, 2012)

據中央人民廣播電臺報道，全國人大代表、武漢鋼鐵（集團）公司總經理鄧崎琳表示，今年武鋼準備建萬頭養豬場。

他說，受鐵礦石資源短缺、物流成本抬高等影響，連續兩年，中國鋼鐵生產行業年銷售利潤率已不到3%，遠低于全國工業行業6%的平均利潤水平。

該企業今年計劃在非鋼行業投資390億元，通過轉型改革創造更大利潤。