china-top-5-state-owned-steel-groups-2021

China Top 5 State-Owned Steel Groups 2021

In this blog, you can see the list of China top 5 state-owned steel groups 2021. Steel is as relevant as ever to the future success of our world.

China Baowu Steel Group Corporation Limited (hereinafter referred to as “China Baowu”), established by consolidation and restructuring of former Baosteel Group Corporation Limited and Wuhan Iron & Steel (Group) Corporation, was officially unveiled on December 1st, 2016. On September 19th, 2019, China Baowu consolidated and restructured with Ma Steel.

China Baowu is a pilot enterprise of state-owned capital investment companies with a registered capital of RMB52.79 billion, an asset scale of over RMB860 billion. The Company is 2nd in the list of Top 10 Steel Companies in World.

2. HBIS Group

As one of the world’s largest steelmakers, HBIS Group Co., Ltd (“HBIS”) is devoted to providing various industries with the most valuable steel material and service solutions, aiming to become the most competitive steel enterprise.

HBIS has become China’s largest supplier for home appliance steel, second largest for automotive steel and the leading steel supplier for marine engineering, bridges and construction.

Recent years HBIS has witnessed the successful controlling stake acquisition of PMC—the largest copper producer in South Africa, DITH—the world’s largest steel products marketing service provider, and Smederevo steel mill—the only large state-owned steel producer in Serbia.

HBIS has directly or indirectly participate and hold more than 70 overseas companies. Overseas assets has reached 9 billion dollars. With the business network throughout over 110 countries and regions, HBIS has been recognized as the most internationalized steel company of China.

3. Ansteel Group

Ansteel Group Co., Ltd. was established on July 28, 2010. It is a central enterprise supervised by the State-owned Assets Supervision and Administration Commission of the State Council.

Ansteel was formed by the joint reorganization of Anshan Iron and Steel Group Company and Pangang Group in 2010.

The company’s strong products cover more than 60 countries and regions around the world.

Products include cold-rolled sheets, galvanized sheets, sponge titanium, titanium materials and other products, which are widely used in many fields such as construction and automobiles.

4. Shougang Group

Shougang Group Co., Ltd. was established in 1919.

It is a large-scale enterprise specializing in the production of steel, and concurrently engaged in the mineral resources industry and equipment manufacturing industry, as well as the construction and real estate industry.

The birthplace of the brand, Beijing, has a history of nearly a hundred years.

5. Shandong Iron and Steel Group

Shandong Iron and Steel Group Co., Ltd. was established in 2008, the birthplace of Jinan City, Shandong Province.

It has a large domestic medium and thick plate production base and H-beam production base.

The main steel products are hot-rolled ribbed steel bars, medium and thick plates and H-beam steel, which are used in many fields.