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Handan Iron & Steel Group

Date: 10/1/20

From: www.busiunion.com

Handan Iron and Steel Group or Hansteel is a state-owned iron and steel enterprise engaging in the manufacturing, processing and sales of black metal, billet, steel rolling, carbamide, sintering mineral, metallurgical machinery parts and coke. It was established in 1958 and it is headquartered in Handan, Hebei, China.

Its subsidiary company, Handan Iron and Steel Company Limited (SSE: 600001) was established in 1996 and listed on the Shanghai Stock Exchange in 1998.

In 2008, Hansteel merged with Tangsteel in Tangshan, Hebei to form a company called "Hubei Iron and Steel Group", which is the fifth largest steel producer in the world.

The Company's principal activities are manufacturing, processing and selling of black metal smelt, billet, steel rolling, carbamide,sintering mineral, and metallurgical machinery parts. It is also engaged in manufacturing and selling of coke and its by-products. Its main products are round bar steel, screw steel, angle steel, channel steel, middle board, rolling steel, acid pickling, galvanizing rolling steel and coke.

Handan, which distributes its products throughout China, produces about 8 million tons of steel and 4 million tons of iron annually.


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