Iraeta group whose stocks were participated by the famous Spain Multinational Corporation Gestamp has four forging production bases located in Spain, China, Brazil and USA.

As the China base of Iraeta group, Shandong Iraeta owns 3 factories. The totalinvestment 540 millions, actual assets 800 millions.

Production scope: diameter: ?73-8,000mm, unit weight 0.3kg-80 ton.Annual capacity is 150,000 tons. We can independently complete the whole production process of "Forging-Ring Rolling- Heat Treatment-Machining-Drilling-NDT-Inspecting-Packing".We have provincial laboratories equipped advanced and vorious test equipments,it's expected to be up to National Laboratory at the end of June of 2013.