BIANCO Company in Cairo, Egypt is an industrial conglomerate founded in 2004 by Mr. Wang Hu, a Chinese steel magnate in Egypt, and Egyptian partner Said, mainly engaged in the production of marble. Currently, its main business is steel production and sales, marble production and sales, and mineral product production and sales. The company's steel production capacity can reach 1.8 million tons per year, ranking third in the entire Egyptian steel and carbon steel production industry in terms of overall output. BIANCO Company is located on the Yiyang Line and is a 550 threaded steel rolling production line with an annual output of 450000 tons of crude steel. Construction began in 2015 and production began in the autumn of 2017, with an original capacity of 450000 tons per year. Two factories were put into operation in 2019, with five sets of small electric furnaces and an annual output of 200000 units; Four sets of 20 ton high-efficiency energy-saving electric furnaces were put into operation in the summer of 2020, with an annual output of 400000 tons; In the summer of 2021, three sets of 12 ton electric furnaces were put into operation, with an annual output of 150000 tons; Three sets of 40 ton high-efficiency energy-saving electric furnaces will be put into operation in the autumn of 2024, with an annual output of 650000 tons;