Laiwu Taidong Powder Science and Technology Co., LTD., subsidiary to the large state iron & steel enterprise, Shandong Taishan Iron & Steel Group Co., LTD., is the member of Chinese steel structure association of powder metallurgy branch, high and new technology enterprise of Shandong province and a member of the National Standardization Technical Committee for Magnetic Components and Ferrite Materials. who owning 50 million yuan project investment, covering an area of 20,000 square meters,It has over 300 personnel, among whom are 2 national well-known experts of powder metallurgy as well as 58 various intermediate and senior professional personnel. In the respect of powder metallurgy, the company has built the first blast-furnace gas tunnel kiln and reduction furnace in China by adopting a number of patents and technologies. The company already has the production capacity of 25,000 tons of fine reduced iron powder per year, 25,000 tons of sponge iron per year, 600 tons of micro nanoscale iron powder per year and 300 tons high performance magnetic core per year. The products are widely applied in mechanical, textile, chemical, pharmaceutical, food, rubber, magnetic material;munications, broadcasting, TV, computer, automatic control, space technology, electromagnetic compatibility, electronic equipment and other electronic information industry technologies etc industries.