The iron and steel industry plays a key role in the national economy and its equipment management level is closely related to the market competitiveness and sustainable development prospects of enterprises. There are such common problems as low level of intelligence for equipment management, poor operating environment and processes are not clear in iron and steel enterprises so that traditional equipment management modes cannot meet the requirements of high efficiency, precision and intelligent management for modern iron and steel enterprises. The equipment management level and production efficiency are further improved, operating costs are reduced as well as comprehensive competitiveness of enterprise is enhanced by carrying out the life cycle management of equipment that focuses on digital construction, applications of new technologies as well as green and sustainable development.

iron and steel enterprise  /  equipment  /  life cycle management  /  practices