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)

据中央人民广播电台报道，全国人大代表、武汉钢铁（集团）公司总经理邓崎琳表示，今年武钢准备建万头养猪场。

他说，受铁矿石资源短缺、物流成本抬高等影响，连续两年，中国钢铁生产行业年销售利润率已不到3%，远低于全国工业行业6%的平均利润水平。

该企业今年计划在非钢行业投资390亿元，通过转型改革创造更大利润。