Top 10 Carbon Steel Manufacturers in China (2026 Guide)

Top 10 Carbon Steel Manufacturers in China (2026 Guide)

Categories: Manufacturer Profiles, Steel

September 3, 2026 By Kerry Li

Introduction:

The steel industry is pivotal to the growth of other sectors in China. Steel is China is used for many operations and purposes, with the prominent ones being in construction and infrastructure. China’s steel consists of variety and high-quality material that is suitable for all kinds of companies.

- - To acquire China steel, you must access them through different manufacturers that you trust.
  - Manufacturers in China vary based on your research, as there are thousands to choose from.

In this list, we compile a list of the top 10 carbon steel manufacturers in China, based on factors like company size, companies steel advantage, and industry standing.

Manufacturer	Headquarters	Founded	Revenue	Specialty
Baowu Steel Group	Shanghai	2016	$102.98B (2025)	High-strength steel, automotive and shipbuilding plate
Shougang Group	Beijing	1919	$55B (2023)*	Automotive-grade steel, reinforced bars
Huxia Steel	Shanghai	2010	Not disclosed	Carbon steel, aluminum, and stainless steel
Hebei Iron and Steel Group (HBIS)	Shijiazhuang	2008	$57.3B (2025)	Structural steel for bridges and rail
Jigang Group	Jinan	1958	$25B (2023)*	High-strength plate, wear-resistant steel
Nanjing Iron and Steel United	Nanjing	1958	$35B (2023)*	Marine and offshore steel
Xinyu Iron and Steel	Xinyu (part of Baowu Group)	1996	$10.7B (2023)	Wire rods and bars
Maanshan Iron and Steel	Ma’anshan (part of Baowu Group)	1993	$32B (2023)*	Coils and sheets for automotive and appliances
Fushun Special Steel	Fushun	1937	Not disclosed	Specialty alloys for aerospace and defense
Hubei Xinyegang Iron and Steel	Huangshi	1970	$15B (2023)*	Carbon steel bars and rods

*Pending verification against each company’s latest annual report.

Scale varies sharply across this list: Baowu’s reported revenue is roughly ten times Xinyu’s, reflecting the gap between a fully diversified national producer and a regional wire rod and bar specialist. Two names on this list, Xinyu Iron and Steel and Maanshan Iron and Steel, are now part of China Baowu Steel Group following consolidations in 2022 and 2019 respectively, so buyers evaluating “ten manufacturers” are in practice choosing between fewer independent decision-makers on pricing and terms.

Baowu Steel Group

Baowu company logo and image

Baowu Steel Group Overview:

- - Founded in December 2016, through a merger of Baosteel Group and Wuhan Iron and Steel Corporation.
  - Main founders were the Chinese governments involved in the merger.
  - Headquarters are located in Shanghai, China.
  - World’s largest steel producer, not just in China.
  - Specializes in producing high-quality carbon steel and other steel products, with wide industry coverage into sectors like automotive, construction, shipbuilding, and more.

Baowu’s storage of their high-qualiy steel coils

Baowu Steel Group Achievements and Specialties:

- - Became the world’s largest steel producer in 2020, by surpassing ArcelorMittal in production volume.
  - A Fortune Global 500 company that ranks among the top-performing steel companies worldwide.
  - Reported operating revenue of $102.98 billion, ranking 100th on the 2026 Fortune Global 500 list, with continued investment in research and development for advanced steel products.
  - Specialities include producing high-strength steel that is applicable to automobiles and infrastructure.
  - Produces heavy plates essential for building large ships that can be used for exploration or sea shipments.
  - Produces electrical steel that is used in electric motors.

For a closer look at Baowu’s production network and history, see our full Baosteel manufacturer profile.

Shougang Group

Shougang company logo

Shougang Group Overview:

- - Founded in 1919 by the Chinese government.
  - Headquarters are located in Beijing, China.
  - Recognized as one of the oldest steel companies in China.
  - Company focuses on the production of advanced steel products, sustainable practices, and technological innovation.
  - Shougang plays a big role into supplying steel for major infrastructure projects over the world.
  - Also produces steel for automotive manufacturing and urban development.

Shougang Group’s factory for producing metal and visits

Shougang Group Achievements and Specialties:

- - Became the primary steel supplier for Beijing’s 2008 Olympic infrastructure.
  - Received countless environmental awards for reducing pollution and having sustainable steel productions.
  - Global recognition for innovating Beijing’s old industrial areas.
  - Produces approximately 30 million metric tons annually.
  - Revenue sat around $55 billion in 2023.
  - Recognized for their supply of high-perfomrance steel that is used for car body parts that bring formability, durability, and strength.
  - Production of reinforced steel bars that is used in all kinds of infrastructure.
  - Creating high-strength steel plates that is used in heavy machinery and industrial equipment.

Huxia Steel

Huxia company logo

Huxia Steel Overview:

- - Founded in 2010 by private investors led by industry experts.
  - Headquarters located in Shanghai, China with a branch office located in Tangshan.
  - Company known for their vast range of metal products and customer-centric approaches.
  - Huxia specializes in creating metal solutions like carbon steel, aluminum, and stainless to clients all over the world.

Storage of steel rods that are going to be used in infrastructure projects

Huxia Steel Achievements and Specialties:

- - Global expansion of their exports, reaching over 50 countries within a decade.
  - Huxia Steel is constantly praised for their quality control and excellent customer service.
  - Their specialty lies in creating innovative product ranges that is diverse.
  - Offerings include carbon steel, aluminum, stainless steel, pre-painted galvanized steel, and galvanized steel.
  - Ability to cater steel to specific industry needs and customer requirements.
  - Produces high-quality galvanized steel with superior corrosion resistance in infrastructure and automotive industries.

Hebei Iron and Steel Group

Hebei logo

Hebei Iron and Steel Group Overview:

- - Founded in 2008, the company is a product of a merger between Tangshan Iron and Steel Group and Handan Iron and Steel Group.
  - Headquarters are located in Shijiazhuang, Hebei Province, China.
  - Recognized for their production capabilities of steel and commitment to quality.
  - Crucial company that supplies steel for major infrastructure projects, manufacturing, and heavy industries.

Counting amount of carbon steel that is set aside for infrastructure use

Hebei Iron and Steel Group Achievements and Specialties:

- - Recognized as a global leader in the industry, ranked among the top 10 steel producers globally by production and revenue.
  - Reported operating revenue of $57.3 billion, ranking 266th on the 2026 Fortune Global 500 list.
  - Strong international presence and large exporter.
  - Produces mid to high-grade carbon steel that is used in bridge construction and heavy machinery.
  - Creates high-quality beams and rails that is used for infrastructure, such as railways, highways, and airports.

For more on HBIS’s structure and product range, see our full HBIS manufacturer profile.

Jigang Group

Jigang logo

Jigang Group Overview:

- - Founded in 1958 by the Chinese government.
  - Headquarters located in the Jinan, Shandong Province, China.
  - Produces over 10 million metric tons of steel annually.
  - Prominent steel producer in China that is known for their focus on high-strength steel plates and specialty products.

High-quality carbon steel that is used in car productions

Jigang Group Achievements and Specialties:

- - Jigang Group holds a strong global reputation, known for their high-quality production of steel plate.
  - Revenue in 2023 was over $25 billion.
  - Strong alliances with international companies to enhance their technological aspect of company.
  - Production of new grades of high-strength steel for demanding industrial applications
  - Produces steel plates used in infrastructure projects.
  - Produces and supplies wear-resistant steel plates for industries like mining.
  - Specializes in thick steel plate that is used in large industrial equipment to prevent wear-and-tear.

Nanjing Iron and Steel United

Nanjing logo

Nanjing Iron and Steel United Overview:

- - Founded in 1958, Nanjing Iron and Steel United was established by the Chinese government.
  - Headquarters reside in Nanjing, Jiangsu Province, China.
  - Company’s steel products are designed for the marine, energy, and construction sectors, showing the flexibility of their steel.

Heating up steel to change the shape and format

Nanjing Iron and Steel United Achievements and Specialties:

- - Specialization in steel for shipbuilding and offshore platforms.
  - Innovation in marine steel puts them as an industry leader in the sector.
  - In 2023, revenue was estimated to be $35 billion.
  - Specialized steel for marine sector has resistance to corrosion and harsh marine conditions.
  - Nanjing also supplies carbon steel to oil and gas pipelines, power generation equipment, and wind turbines.
  - High-performance steel made for heavy machinery and use

Xinyu Iron and Steel

Xinyu logo

Xinyu Iron and Steel Overview:

- - Founded in 1996 by the Chinese government.
  - Headquarters located in Xinyu, Jiangxi Province, China.
  - Xinyu is a well-established steel producer in China, known for their specialization with wire rods and bars.
  - Xinyu supplies steel for industries like construction and automotive

Factory that produces steel used in construction projects

Xinyu Iron and Steel Achievements and Specialties:

- - Industry recognition for their quality wire rod and bar production.
  - Xinyu is a large exporter in Southeast Asia, Europe, and the Americas.
  - Reported operating revenue of approximately 76.5 billion yuan (about $10.7 billion USD) in 2023.
  - Became part of China Baowu Steel Group in December 2022, when Baowu took majority control following a reorganization with the Jiangxi provincial government.
  - Continues to focus on wire rods and bars, supplying the construction and automotive sectors.
  - They are a key supplier for industries in need of high-quality carbon steel with strong tensile strength.
  - Products greatly strengthen integrity of buildings and infrastructure.

Maanshan Iron and Steel

Maanshan logo

Maanshan Iron and Steel Overview:

- - Founded in 1993 by the Chinese government.
  - Headquarters are located in Ma’anshan, Anhui Province, China.
  - Additional company that targets the automotive, appliances, and construction sector with their wide range of steel products.
  - Recognized globally for their commitment to quality and continuous innovation from their research and development.

Machine in factory that compresses steel to a certain angle and shape

Maanshan Iron and Steel Achievements and Specialties:

- - Revenue in 2023 was estimated to be around $32 billion.
  - Became part of China Baowu Steel Group in 2019, following Baowu’s acquisition of Maanshan Iron and Steel Company Limited.
  - Focuses on developing new steel grades and improving production processes.
  - Maanshan supplies steel to major international markets.
  - Their steel products are used in home appliances, like laundry machines, and also automotive manufacturing parts.
  - Known for producing coils and sheets that are durable and high-quality.

Fushun Special Steel

Fushun logo

Fushun Special Steel Overview:

- - Founded in 1937, originally established as a state-owned enterprise.
  - Headquarters are located in Fushun, Liaoning Province, China.
  - The company focuses on specialty steel alloys that assists sectors of aerospace, defense, and nuclear energy.
  - Fushun’s steel and products are high-quality steel that standard steels can not suffice for.

Final process of creating high-quality steel for Fushun company

Fushun Special Steel Achievements and Specialties:

- - One of the first Chinese companies to prioritize high-performance steel alloys.
  - Fushun is recognized for their unique properties of steel alloys for specialized industries.
  - Company successfully exported speciality steel products to over 30 countries.
  - Their rise in specialty carbon steel products work best in high performance sectors that cannot afford mistakes.

Hubei Xinyegang Iron and Steel

Hubei logo

Hubei Xinyegang Iron and Steel Overview:

- - Founded in 1970 by the Chinese government.
  - Headquarters reside in Huangshi, Hubei Province, China.
  - A rising star in the carbon steel industry that produces carbon steel bars and rods.
  - Hubei is a critical company for their supply of steel to the construction and machinery manufacturing sectors.
  - Recognized as a reliable and efficient supplier.

Worker perfecting the shape of the carbon steel in a circular format

Hubei Xinyegang Iron and Steel Achievements and Specialties:

- - Hubei has scaled their market share growth immensely in their first few years of operation.
  - Obtained quality certifications for product quality and reputation.
  - Revenue in 2023 was estimated to be around $15 billion.
  - Produces high-quality carbon steel bars that is used in construction for stability and durability in the structure.
  - Hubei also produces steel rods for machinery that has resistance to wear.
  - Hubei offers steel solutions for specific construction projects to meet the needs of the industries and to provide flexibility.

Testing of steel machinery’s ability to compress and heat up object

Conclusion:

While plenty of other carbon steel manufacturers exist worldwide, China’s carbon steel manufacturers make up a large portion of the worldwide industry. China’s innovation and technology allows great room for research and development. Here are some reasons why China’s carbon steel manufacturers stand out:

- - High Production Capacity – China’s carbon steel manufacturers have large production capacity due to an abundance of raw resources and trading networks.
  - Advanced Technology – China’s technology is highly advanced, with their scientists and engineers creating new and new improvements.
  - Competitive Pricing – China’s prices are very affordable, due to their currency conversion and ability to produce at a lower cost.
  - Strategic Partnerships – Chinese carbon steel manufacturers collaborate with other international firms, building connections that strengthen business.

For sourcing carbon steel plate, pipe, or grinding media directly, camasteel.com covers CAMAL’s dedicated steel manufacturer network.

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