Top 10 Chinese Steel Manufacturing Companies

China is the biggest steel producer and consumer producing more than half of the world’s steel. The Chinese steel industry has been growing and modernizing at a rapid rate over the past few decades, driven by economic growth, urbanization, infrastructure investments but currently faces challenges related to overcapacity, environmental issues and international trade tensions. Here is a comprehensive list of top ten Chinese steel manufacturing companies according to CAMAL Group!

1. Shanghai Baosteel Group, Shanghai Steel Manufacturer

Baosteel company logo

Baosteel Overview

  • Shanghai Baosteel Group also known as China Baowu Steel Group Corp., Ltd. is an iron and steel company owned by the state that has its headquarters in Shanghai.
  • Being among the leading manufacturers of steel globally; it offers diverse types of steels such as carbon steels, stainless steels as well as special steels via several subsidiaries and factories.
  • Baosteel has grown to become one of the largest and most technologically advanced steel companies in China since its founding, playing an important role in China’s industrial development over the past few decades/
  • The company continues to focus on high-end steel production and expanding its global presence in the steel industry.

Achievements

  • Prominent achievements in smart manufacturing have occurred at Shanghai Baosteel Group; for instance “One-key steelmaking” implementation alongside unmanned lift-platform carrier vehicles deployment
  • In 2023 alone, this company had a total profit amounting to 15.09 billion yuan while within its special ones it realized a sales volume of 27.92 million tons.

Products are as follows:

● Flat Steel Products:

  • Hot-rolled sheets and coils
    • Cold-rolled sheets and coils
    • Galvanized steel sheets
    • Tinplate and tin-free steel
    • Color-coated sheets
    • Electrical steel

● Long Steel Products:

  • Steel bars and wire rods
    • Steel sections (including H-beams, I-beams, and channels)
    • Steel rails

● Seamless Steel Pipes:

  • Oil country tubular goods (OCTG)
    • Line pipes
    • Boiler tubes
    • Structural pipes

● Specialty Steel Products:

  • Stainless steel
    • Silicon steel
    • Spring steel
    • Tool steel
    • Bearing steel

● Steel for Specific Industries:

  • Automotive steel (including high-strength steel for car bodies)
    • Shipbuilding steel
    • Steel for home appliances
    • Steel for containers
    • Steel for construction and infrastructure projects

● Value-Added Products:

  • Laser welded blanks
    • Tailored blanks
    • Steel wheels

● Non-Steel Products:

  • Chemical products (derived from steel production processes)
  • Industrial gasses
Worker managing steel products and rolls at Baosteel.

2. Shougang Corporation Beijing Steel Manufacturer

Shougang company logo

Overview

  • A state-owned steel company of great importance is Shougang Corporation, which is sometimes known as Shougang Group Co., Ltd and has its headquarters in Beijing, China.
  • One of the biggest steel producers in China, Shougang provides a variety of steel products including hot-rolled steel, cold-rolled steel, galvanized steel and stainless steel which are used by companies in industries such as building construction, automobile manufacturing and power plants through its vertically integrated production system as well as corporate entities like Beijing Shougong Co., Ltd.
  • Shougang produces a variety of steel products, including coking, sintering, iron making, steel making, and steel rolling.
    • These products are used in modern manufacturing, construction, metal products, household appliances, and other industries.

Achievements

  • Shougang Corporation, a major Beijing-based steel manufacturer transformed the Shougang Park from its former steel mill site, replete with Olympic venues, thus showcasing how urban renewal can be realized through environmentally sustainable constructions and sponge city designs.
  • The Company has also made great strides in sustainable steel production and it is also the first global steel company to advocate for ESG initiatives by having increased its production capacity to 35 million tons while optimizing its product structure with a focus on high-end plates.

3. Tangshan Iron and Steel Group Hebei Iron and Steel Manufacturer (Tangsteel)

Overview

  • Tangshan Iron and Steel Group, popularly known as Tangsteel, is a key government-owned iron and steel firm based in Tangshan, Hebei Province, China.
  • One of the major subsidiaries under Hesteel Group (formerly HBIS Group), Tangsteel manufactures various steel products such as hot-rolled steel, cold-rolled steel, galvanized steel, stainless steel, bars, wires and sections.
  • Their products are used in different industries including automobile manufacturing industry, construction industry, energy industry and machinery industry.

Achievements

  • Tangshan Iron and Steel Group’s growth has been spectacular since it became a subsidiary to HBIS Company as it hit 14.2 million metric tons of crude steel production annually by 2020.
  •  The company has also achieved remarkable progress in replacing its main devices with larger scale advanced ones capable of turning the manufacturer into a leading base for top quality sheets made from steels of any type and building steels; where around 140 items can be listed for 4 primary sorts.

Products are as follows:

  • Steel Products: Tangsteel produces a wide range of steel products, including:
    • Flat Products: Hot-rolled and cold-rolled sheets, galvanized sheets, color-coated sheets, and medium and heavy plates
    • Long Products: Bars, wires, and sections
    • Specialty Products: High-strength automotive sheets, stainless steel strips, and aluminum-coated steel

4. Guangzhou Iron and Steel Enterprise Group Guangdong Iron and Steel Manufacturer

GISE company logo

Overview

  • Guangzhou Iron and Steel Enterprise Group, also known as Guanggang Group, is a large state-owned iron and steel company headquartered in Guangzhou, Guangdong Province, China. 
  • As one of the major steel producers in southern China, the company offers a wide range of steel products including hot-rolled coils, cold-rolled coils, galvanized steel sheets, color-coated sheets, and steel pipes, serving industries such as automotive, home appliances, machinery, and construction.
  • The company produces various steel products, including hot-dip galvanized steel sheets for the automotive industry, household appliances, and construction sectors

Achievements

  • 82 high-tech enterprises
  • 63 specialized and special new enterprises
  • 11 scientific and technological innovation achievements that have reached advanced levels
GISE company products and steel rolls being overseen by a worker.

5. Anshan Iron and Steel Group Liaoning Iron and Steel Manufacturer

Overview

  • Anshan Iron and Steel Group, also known as Ansteel Group, is a major state-owned iron and steel company headquartered in Anshan, Liaoning Province, China. 
  • As one of the largest steel producers in China, Ansteel Group offers a wide range of steel products including hot-rolled coils, cold-rolled coils, galvanized sheets, stainless steel, heavy rails, seamless pipes, and construction steel through its integrated production system covering iron-making, steelmaking, and rolling mills.
  • Ansteel’s main products are hot-rolled and cold-rolled steel sheets, galvanized steel, steel plates, steel pipes and tubes, wire rods and bars, and specialty steels.

Achievements

  • Anshan Iron and Steel Group (Ansteel) has made significant strides in smart manufacturing, notably implementing the world’s first “5G industrial private network + smart steelmaking” system in January 2021, which has enhanced efficiency and digitalization in their steelmaking processes.
  • In 2021, Ansteel’s crude steel production reached 38.19 million metric tons, solidifying its position as one of China’s leading steel producers.
Ansteel worker overseeing steel roll products.

6. Benxi Iron and Steel (Group) Co., Ltd. Liaoning Iron and Steel Manufacturer

Benxi company logo

Overview

  • Benxi Iron and Steel (Group) Co., Ltd., also known as Benxi Steel Group or Bengang, is a large state-owned iron and steel enterprise headquartered in Benxi, Liaoning Province, China.
  • Founded in 1905, the company produces a wide range of steel products including hot-rolled and cold-rolled sheets, galvanized sheets, special steel, and steel pipes, serving industries such as automotive, home appliances, petrochemical, and construction, with a significant presence in both domestic and international markets.

Achievements

  • Benxi Iron and Steel (Group) Co., Ltd. has significantly expanded its production capacity, reaching an annual crude steel production capacity of 20 million tons, positioning it as one of the top ten iron and steel enterprises in China and the 20th largest in the world

Products are as follows:

  • Wire rod, deformed steel, ductile iron pipe
  • Special steel, hot rolled plates, cold rolled plates
  • Galvanized plates, color coated plates, stainless steel
  • Over 60 varieties and 7,500 specifications of steel products

7. Tianjin Tiantie Metallurgical Group Co., Ltd.

Overview

  • Tianjin Tiantie Metallurgical Group Co., Ltd., also known as Tiantie Group, is a large state-owned iron and steel company headquartered in Tianjin, China. 
  • As a major steel producer in northern China, Tiantie Group offers a wide range of steel products including hot-rolled coils, cold-rolled sheets, galvanized sheets, steel plates, bars, and wire rods, serving industries such as automotive, construction, machinery, and home appliances.

Achievements

  • Tianjin Tiantie Metallurgical Group Co., Ltd. has significantly expanded its production capacity, with its subsidiary Tianjin Ansteel Tiantie Cold Rolled Sheet Co., Ltd. achieving an annual production of 1.5 million tons of cold rolled plate, 300,000 tons of galvanized plate, and 800,000 tons of CAL plate.
  •  The company has also made notable investments in advanced technology, spending over 6 billion Yuan to build international advanced production lines, including a Pickling-Line Tandem Coupling Mill Line, Continuous Hot Dip Galvanizing Line, Continuous Annealing Line, and Finishing Line.

Products are as follows:

  • Steel Products: The company produces a variety of steel products, including:
    • Cold-Rolled Sheets: Used in automotive, home appliances, and construction industries
    • Hot-Rolled Plates: Utilized in construction and industrial applications
    • Steel Billets: Semi-finished products used for further processing
    • Wire Rods and Rebars: Commonly used in construction
    • Pig Iron: A raw material for steelmaking

8. Laiwu Iron and Steel Group Shandong Iron and Steel Manufacturer

Overview

  • Laiwu Iron and Steel Group, also known as Laiwu Steel, is a major state-owned iron and steel company headquartered in Laiwu, Shandong Province, China.
  • As one of the core subsidiaries of Shandong Iron and Steel Group (SISG), Laiwu Steel produces a wide range of steel products including hot-rolled steel, cold-rolled steel, galvanized steel, steel bars, sections, and wire rods, serving industries such as construction, machinery, automotive, and energy.

Achievements

  • Laiwu Iron and Steel Group, a subsidiary of Shandong Iron and Steel Group, has achieved significant production milestones, producing approximately 4.69 million metric tons of pig iron, 5.13 million metric tons of steel, and 6.29 million metric tons of steel products in 2008.
  • The company has also been recognized for its energy efficiency, with comprehensive energy intensity metrics improving from 872 kgce/t steel in 2000 to 715 kgce/t steel in 2005, reflecting a substantial annual energy conservation rate of 1.5%

Products are as follows:

  • H-beams, angles, channels, flat steel
  • Hot-rolled and cold-rolled steel strips
  • Rebar and wire rod
  • Seamless pipes
  • Special steels (bearing steel, gear steel, etc.)

9. HDT Tubing and Steel Manufacturer

HDT company logo

Overview

  • HDT Tubing Co., Ltd. is a steel manufacturing company based in Liaocheng, Shandong Province, China, covering an area of around 200,000 square meters with around 2,000 employees. 
  • As a major steel producer, HDT Tubing offers a wide range of steel products including seamless steel tubes, precision steel pipes, cold-rolled steel pipes, galvanized steel sheets, and various other steel products catering to industries such as automotive, construction, and machinery.

Achievements

  • HDT Tubing Co., Ltd., established in 2010, has grown to cover an area of about 200,000 square meters and employs 2,000 people, producing high-quality steel products for key national projects such as highway and railway construction, hydropower stations, and plant renovations.
  •  The company has successfully expanded its market reach, with its products being sold to over 100 countries, including Europe, the United States, the Middle East, Africa, and Southeast Asia, and has established deep cooperation with several of the world’s top 500 enterprises.

10. Handan Iron and Steel Group Hebei Iron and Steel Manufacturer

HBIS company logo

Overview

  • Handan Iron and Steel Group Co., Ltd., formerly known as Handan Steel, was a major state-owned iron and steel company headquartered in Handan, Hebei Province, China. 
  • The company has now been reorganized and relocated to Shexian County under the new name Hangang Longshan Iron and Steel Co., Ltd., as a subsidiary of the larger HBIS Group (Hesteel Group).

Achievements

  • Handan Iron and Steel Group, a subsidiary of HBIS Group, has significantly expanded its production capacity and product quality, with its high-yield strength X100 grade hot-rolled coil being used in major national projects like the Third West-East Gas Pipeline.
  • The company has also made notable progress in diversifying its product portfolio, with long products accounting for about 30% of its total production, while maintaining a strong focus on high-quality flat steel for automotive, home appliance, and line pipe sectors.

Conclusion

Conclusion

  • The Chinese steel manufacturing industry dominates the global market, producing over half of the world’s steel. As a result, many of the steel products in your home are more likely than not sourced from China directly.
  • The top ten Chinese steel companies, including giants like Shanghai Baosteel Group and Shougang Corporation, have shown remarkable growth and innovation. Through constant innovation, their products have become more attractive to foreign nations that seek to source from the world’s largest sourcing network.
  • Their diverse product portfolios cater to various industries, including automotive, construction, and home appliances, underlining their crucial role in China’s industrial and economic development.
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