| As a sign that consolidation is making some headway, China's top 20 steelmakers accounted for 250 million tonnes in 2007 out of total production of 489 million tonnes a little more than half of the country's total output, compared with less than 50% in 2006. |
| 1 |
Baosteel Group |
28.58 |
9.3% |
| 2 |
Jiangsu Shagang Group* |
22.89 |
16.7% |
| 3 |
Tangshan Iron & Steel Group |
22.75 |
19.4% |
| 4 |
Wuhan Iron & Steel Group |
20.19 |
12.8% |
| 5 |
Anshan Iron & Steel Group** |
16.17 |
6% |
| 6 |
Maanshan Iron & Steel Group |
14.17 |
26.9% |
| 7 |
Shougang Group |
12.86 |
22% |
| 8 |
Jinan Iron & Steel Group*** |
12.12 |
7.8% |
| 9 |
Laiwu Iron & Steel Group*** |
11.7 |
8.4% |
| 10 |
Hunan Valin Iron & Steel Grou |
11.12 |
12.3% |
| 11 |
Taiyuan Iron & Steel Group |
9.29 |
48.4% |
| 12 |
Anyang Iron & Steel Group |
9 |
28% |
| 13 |
Baotou Iron & Steel Group |
8.84 |
18.1% |
| 14 |
Handan Iron & Steel Group |
8.33 |
5.2% |
| 15 |
Tangshan Jianlong Industry Co |
7.61 |
26.2% |
| 16 |
Benxi Iron & Steel Group** |
7.42 |
1.6% |
| 17 |
Jiuquan Iron & Steel Group |
7.37 |
11% |
| 18 |
Panzhihua Iron & Steel Group |
6.64 |
-2% |
| 19 |
Beitai Iron & Steel Group |
6.41 |
22.1% |
| 20 |
Rizhao Iron and Steel Group*** |
6.18 |
72.4% |
| 21 |
Nanjing Iron and Steel Group |
5.95 |
21.5% |
| 22 |
Liuzhou Iron and Steel Group |
5.8 |
8.4% |
| 23 |
Xinyu Iron & Steel Co |
5.64 |
10.9% |
| 24 |
Tangshan Guofeng Iron & Steel Co |
5.23 |
0.9% |
* In 2007, Shagang bought controlling stakes in three other mills, Anyang
Yongxing Iron and Steel, Jiangsu Xinrui Special
Steel and Jiangsu Yonggang
Group. Output is consolidated.
** In August 2005 Anshan and Benxi merged
their raw materials purchases, marketing, foreign trade and financial statements
to form Anben Iron and Steel Group, but have not exchanged equity or cash. If
fully merged, the two would have had a combined output of 23.59 million tonnes
in 2007.
*** The Shandong provincial government plans to merge Jinan and
Laiwu, to create Shandong Iron and Steel Group, which would rank just behind
Anben based on 2007 output of 23.24 million tonnes. The new group may ultimately
take over Rizhao, a fast-growing private mill in the province. |
