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Top 10 largest steel manufacturers in China in 2023, based on crude steel production volume:

Table of Contents

Top 1: China Baowu Steel Group – The largest steel supplier by volume in Asia

China Baowu Steel Group Corp., Ltd. is a state-o wned steel company headquartered in the Baosteel Tower in Pudong, Shanghai, China. Baosteel is the fifth-largest steel supplier in the world measured by crude steel output, with an annual output of around 35 million tons. It has annual revenues of around $21.5 billion, and suppliers a mix of products.

A plan to merge with Wuhan Iron and Steel Corporation was announced on 21–22 September 2016, which would make the combined production volume the second highest in the world (34.938 million + 25.776 million), after ArcelorMittal (97.136 million in 2015), surpassing Hesteel Group (47.745 million in 2015).

Since Baosteel Group and Wuhan Iron and Steel Co rporation also announced targets of cutting 3.95 and 4.42 million metric tons production capacity respectively in June and July 2016, and a further cut for Baosteel Group of 2.10 million while a 3.15 million cut was already planned the final ranking may still significantly change.

The IPO of the subsidiary of Baosteel Group on the Shanghai Stock Exchange in 2000 was the largest in China up to that time, raising CNY 7.7 billion despite being limited to domestic investors only.

Baosteel Co., Ltd. sticks to the development roa d of “innovation, coordination, greenness, openness and sharing”, and possesses the world-renowned brand and the world first-class technical level and service capability. The company attaches great emphasis to cultivating its innovation capacity, actively develops and applies the advanced technology for manufacturing, energy-conservation and environmental protection, and has established the marketing, processing and service network with nationwide coverage and worldwide involvement.

– Steel products: Hot Rolled Steel, HR Steel Sheet (Pickled), Cold-rolled, Cold Rolled Steel Sheet, Galvanized Steel Sheet In Coils, Prepainted Steel Sheet, Tin Plate and TFS(ECCS), Electrical Steel Sheet, Heavy Plate, Pipe & Tube, Bar & Wire Rod

– Volume of steel production: 95.5 millions of tonnes.

Top 2: Ansteel Group – focusing on high-end steel products

Anshan Iron and Steel Group Corporation (Ansteel Group in short; less popularly Angang Group) is a Chinese state-owned steel maker. The corporation was under the supervision of State-owned Assets Supervision and Administration Commission of the State Council.

The corporation focuses on producing high-end products such as electroplating, color-coated, and silicon flat steel products to make car bodies and computer and telecommunications equipment. Anshan Iron and Steel production base is located in Anshan City, Liaoning Province, the main factory area of about 24 square kilometers, east of the railway, west of Shenyang-Shenyang Expressway, south Anshan Anshan West Road, north of Anshan Shahe, Anshan Iron and Steel Mining companies in Anshan, Liaoning Gongchangling area has seven large iron mines.

At present, Anshan Iron and Steel has formed a l arge iron and steel enterprise group composed of sintering, pelletizing, ironmaking, steelmaking and rolling comprehensive support, as well as auxiliary units such as coking, refractory, power, transportation and technology research and development.

Formed from the hot-rolled plates, cold-rolled plate to galvanized steel coils, cold-rolled silicon steel, heavy rail, seamless steel pipe, profiles, building materials and other complete product line.

The company has rewarded ISO9002 quality system certification, marine steel passed the certification of Class 9 Society of Shipping, the petroleum pipe passed the API certification, the construction material has obtained the CE Mark Certificate of British Lloyd’s, and the steel body passed ISO14000 Environmental Management System Certification and OSHMS Occupational Safety and Health Management System Certification.

Comprehensive competitiveness of enterprises into the ranks of the international advanced enterprises, significantly enhanced the international influence. The main production technology and equipment reach the international advanced level. At present, Anshan Iron and Steel with an annual output of iron, steel, steel 25 million tons of capacity.

– Steel products: galvanized steel products, Plate Steel Products, Caitu Products, Cold rolled products, Hot rolled products, Cold-rolled silicon steel products, Seamless steel pipe products, Wire steel products.

– Volume of steel production: 33.2 millions of tonnes.

Top 3: Jiangsu Shagang – the largest privately owned steel company in China

Jiangsu Shagang Group Company Limited is located in Zhangjiagang, Jiangsu, China, an Economic Development Zone of the Yangtze River. According to a 2008 survey conducted by the All-China Federation of Industry and Commerce (ACFIC), the company was the largest privately owned company in China at the time.

It involves the production and sales of “Shagang” brand name steel products. At the end of 2007, it employs over 26,700 staff, covers an area of 10 km2, and has total assets over RMB100 billion Yuan.

The company drew the world’s attention in 2001 w hen it acquired a steel mill (the Dortmund-Hörde plant) from German industrial giant ThyssenKrupp for 30 million euros and shipped its equipment to China where it was reassembled and resumed operation.

Due to ongoing overcapacity within the steel sector, Jiangsu Shagang Group purchased two internet data firms for $3.8 billion, as part of an attempt to expand into new industries for diversification. The June 2017 deal targets Jiangsu Qingfeng Investment Management Co. Ltd. and Beijing Daily Tech Co. Ltd.

Iron and steel are girding China’s economic deve lopment, and Jiangsu Shagang is big part of that process. The company processes some 18 million tons of iron annually in order to roll out about 23 million tons of steel each year, making it one of China’s top-five steel supplier.

Jiangsu Shagang’s product line includes rebar, wire rods, slabs, and hot-rolled coils. In addition to iron and steel, Jiangsu Shagang produces stainless steel and zinc-plated steel sheets. Since 2006, the company has acquired four smaller, rival steel companies, and it now ranks as China’s largest private steel supplier.

– Steel products: Wide and Heavy Steel Plate, Hot-rolled Steel Coil, Cold-rolled Steel Coil, Wire Rod, Rebar, Rods and Bars, Steel Strand, Welded Steel Pipe, Special Steel Billet.

– Volume of steel production: 33.3 millions of tonnes.

Top 4: HBIS (Hesteel Group) – One of those steel supplier providing the widest range of steel products

Hesteel Group Company Limited is a Chinese iron and steel manufacturing conglomerate, also known as Hesteel Group or its pinyin shortname Hegang. Hesteel Group is the second-largest steel supplier in the world measured by crude steel output (after European-Indian conglomerate ArcelorMittal) in 2015, according to the World Steel Association.

Hesteel Group had a second-tier subsidiary listed at the Shenzhen Stock Exchange, Hesteel Company, which is controlled by the direct subsidiaries Hansteel Group and Tangsteel Group of Hesteel Group. Hebei Iron and Steel Group Co., Ltd. was established on 30 June 2008 by the merger of Tangshan Iron and Steel Group and Handan Iron and Steel Group of Hebei Province.

The Group encompasses over 30 subsidiaries with 120,000 employees enrolled. Centering on steel making, they are also involved in mineral resources, financial services, modern logistics, iron & steel trade and equipment manufacturing. In 2016, their operating income stood at 290.8 billion RMB and year-end total assets 360.4 billion RMB.

It ranked 221th among the global 500. The group got “highly competitive” — the highest rating of Report on the comprehensive competitiveness of Chinese iron and steel enterprises in 2016. Now HBIS is the member of World Steel Association’s Executive Committee and the rotating Presidential Enterprise of China Steel Association.

HBIS Group has established a significant presenc e in steel industries home and abroad. They boast the world-class processing facilities, thereby laying a sound foundation for us to manufacture products that can only be imported in the past and to facilitate upgrading of high-end products.

Their major products cover all types except for seamless steel pipe, making us the steel maker with the widest range of products. A number of products such as cold-rolled sheet, high-strength rebar, wide and heavy plate, steel pipe and special steel bar enjoy a great reputation in both domestic and overseas market.

– Steel products: Hot rolled coils steel for automobile, Hot rolled strip for oil pipeline, Hot rolled strip for hull structure, Hot rolled weathering strip, Hot rolled carbon structure steel strip, Hot rolled quality carbon steel strip for export, Hot rolled quality tool steel strip, Hot rolled strip for cold forming, checkered steel strip, Hot rolled electrical steel strip, Hot rolled strip for welded gas cylinder, Hot rolled strip for spring, hot rolled enamel steel strip, hot rolled strip for electrical power pipe, hot rolled strip for pipe

– Volume of steel production: 63.8 millions of tonnes.

Top 5: Jianlong Steel – the largest private-owned steel company in Tangshan

Jianlong Steel is the largest private-owned ente rprise in Tangshan, Hebei province with the output of crude steel 6.5 million tonnes in a year. Tangshan Jianlong Steel is a subsidiary of the large domestic private enterprise Beijing Jianlong Group.

It was established in 1999, is a large enterpris e group mainly engaging resource exploitation, iron and steel production. In 2009, the holding enterprises of the group owned total assets of RMB 37.511 billion yuan, and reached the sales income of RMB38.189 billion yuan, the tax 2.277 billion yuan, the profits 1.818 billion yuan.

Now, Jianlong Group is ranked the 74th among Chinese manufacturing enterprises, the 103th among top 200 efficiency of Chinese enterprises, the 153th among top 500 Chinese enterprises. The subsidiaries of Jianlong Group have spread in the provinces of Hebei, Heilongjiang, Jilin, Liaoning, Shandong, Zhejiang, Beijing, Tianjin, Hubei, Sichuan, Hongkong, etc.

Since its establishment many years ago, Jianlong Group insists on the enterprise spirit of From the little to the best, and inherits the enterprise value view of Integrity, regulation, teamwork, excellence and win-win. They sticks to customer first, refine on management-control, and updates the self-developed technologies, drives the scale expansion and continues the optimization and upgrade of product structure, emphasize Self-Benefit from benefiting others, sustainable development to realize group’s rapid development through M&A and entering new business fields continuously.

– Steel products: Rolled Steel Wire, Steel Round Pipe, Flange Plate, Thread Steel, Hot rolled steel strip, Hot rolled medium-wide steel strip.

– Volume of steel production: 16.5 millions of tonnes.

Top 6: Shougang – the supplier of superior steel from China

HRC steel manufacturer in Vietnam FHS — HRC Steel exports from Vietnam – Formosa Ha Tinh Steel

Shougang Corporation also known as Shougang Grou p was established in 1999 and listed on the Shenzhen Stock Exchange in 2005. The predecessor of corporation, the Shijingshan steel plant was founded in 1919 in modern-day Shijingshan District, with accelerated growth since the founding of People’s Republic of China.

As China reformed and opened itself to the outside world, as one of the core corporations in China, Shougang developed itself as well. Shougang focuses its business mainly on steel industry, the corporation also runs on mining, machinery and equipment development, electronics, building, real estate, and related services, in addition, they also developed business with overseas companies in order to form Shougang as a leading multi-diverse corporation..

Although the corporation is facing more and more challenges as time goes by, the company made several big changes in order to solve the competition problems. It changed its organization chart and improved its products and services and provided itself a sustainable competitive advantage compares to other companies in steel industry.

Shougang Corporation made a significant contribution to Chinese economy and steel industry development. It paid accumulate more than 57,600,000,000 yuan for Chinese taxes. It finished applications for 52 patents and get national authority patents. The company is good developing superior products.

Their products are dominated almost one thirds of Chinese market within steeling industry. They has more than fifty years of experience in building and construction industry. The company specializes in steel structure installation, industrial equipment inspection, concrete-made products sales services. The company also provides rental for equipment, construction materials development and sales. Shougang is rewarded for fourteen Chinese national awards for high-quality construction projects.

– Steel products: hot-rolling steel , and cold- rolling steel, automotive steel sheet, pipeline, pressure vessel steel, and shipbuilding steel.

– Volume of steel production: 26.8 millions of tonnes.

Top 7: Shandong Iron and Steel Group – steel supplier with the principle of scientific development.

Shandong Iron and Steel Group Co Ltd, commonly k nown as Shandong Steel, is a Chinese steel company based in Jinan. In 2009, it took a 67% stake in Rizhao Iron and Steel. SISG is controlled by the provincial government of Shandong. SISG was formed in March 2008 when the provincial government of Shandong merged two state-owned steel suppliers.

Shandong Iron and Steel has a registered capital of 10 billion yuan ($1.4 billion) and is fully state-owned. Since its establishment, SISG has always stuck to the principle of scientific development, and the implementation of the national policies on the iron and steel industry.

Based on the guidelines of “restructuring assets , upgrading outmoded equipments, adjusting overall structures, and improving quality” put forward by the provincial government, SISG has established and implemented the strategies of “highlighting the coastal areas, improving the mainland areas, and laying equal stress on quality and quantity”. Under this context, SISG has set up a research institute, a finance company, and five business centers, namely the capital center, purchase center, sales center, operation center and information center.

Having gone through a substantive restructure in production, supply, marketing, personnel, properties and materials, SISG is extending its industrial chain to the mining industry upstream and the steel-consuming enterprises downstream.

Construct the steel machining distribution center positively. As a major production base of steel plates (4.5-25.0mm) and H sections, SISG has always been focusing on the production of high-end, high-quality and efficient products. The main steel products of SISG include plates (4.5-25.0mm), hot-rolled coils, cold-rolled coils, H sections, high-quality steel, special steel, hot rolled ribbed bars, etc..

SISG has always emphasized on scientific innovat ion and talents. SISG has also set up some other research institutes and research centers, such as a national technology center, a national quality inspection center, a post-doctoral research center, an academician research center, an H-section research center, a wide-and-thick plate research center, a research center of energy and environmental engineering, etc.. The Iron and Steel Research Institute provides a solid platform for the integration of inner and outer innovative resources.

– Steel products: steel bar, plate steel bar, ho t-rolled steel strip, cold-rolled strip.

– Volume of steel production: 23 millions of tonnes.

Top 8: Delong Steel Group

Delong Steel Co., Ltd. was established in 2000 and is located in Nanshimen Town , Xindu District, Hebei Province . The company covers an area of 1,800 acres and has more than 4,000 employees. It is a large-scale steel company integrating sintering, ironmaking, steelmaking, and steel rolling. Conglomerate.

After 21 years of development, Delong Steel has become one of the top 500 Chinese enterprises, a national high-tech enterprise, a highly competitive steel enterprise in China, one of the first batch of green factories in China, an AAAA-level tourist attraction among Chinese steel enterprises , and a private enterprise leader in Hebei Province.

Process steel performance rating A-level enterprise. The company has an annual production capacity of 3 million tons each of iron, steel and materials . Its main equipment includes: one 132 m2 and 230 m2 sintering machine, three 1080 m³ blast furnaces, two 120 ton top and bottom double-blown converters, 850mm, One each for 1250mm hot rolling medium and wide width production lines. Main products: 510-1150mm series hot-rolled coils, widely used in oil pipelines, steel structures, cold rolling, home appliances, mechanical processing and other fields.

Delong Steel focuses on cultivating innovation capabilities, actively develops and applies advanced manufacturing and energy-saving and environmentally friendly technologies, and continuously increases efforts in the development of new products. The company’s main products are: high-quality carbon structural steel, low-alloy high-strength structural steel, hot-rolled coils, special steel plates for pressure pipe making (pipeline steel) and other series.

At present, the products are sold to more than 30 provinces, municipalities and autonomous regions in China, and exported to Japan, Southeast Asia, Europe and other countries and regions. With high-quality products and good corporate reputation, we provide customers with value-for-money benefits and services.

In the process of development, Delong Steel has always adhered to the new development concept of “lucid waters and lush mountains are valuable assets”, actively responded to national industrial policies, practiced the environmental protection concept of “fulfilling social responsibilities and creating green wealth”, and focused on transformation and upgrading. , technological innovation, lean management and green development.

Adhere to the development path of “innovation, coordination, green, openness and sharing”, “aim at the world’s advanced standards in environmental protection management, and there is no upper limit on environmental protection investment”, and conduct in-depth environmental protection management of the entire production process, the whole process, and all aspects and transformation, achieving ultra-low emissions, and forming a distinctive environmental work experience centered on “De’Longhi philosophy, De’Longhi standards, De’Longhi model, and De’Longhi vision”. Become a national environmental benchmark steel enterprise recognized by the Ministry of Environmental Protection.

Delonghi Steel highly fulfills its social responsibilities. A total of more than 6 billion yuan in taxes has been paid , and it has stimulated the development of local industries and made great contributions to local economic development . At the same time, it undertook local heating, gas supply and other livelihood projects.

Facing a new round of challenges and opportunities, Delong Steel will closely focus on the national “14th Five-Year Plan” development plan and industrial policies, continue to hold high the great banner of socialism in the new era, and base itself on the ideas of “quality, high-end, green, and ecology” , strive to build a permanent benchmark enterprise in the industry, and contribute Delong’s wisdom and strength to green and high-quality development.

Top 9: Benxi Steel Group – the cradle of China’s iron and steel industry

Bengang Group Co., Ltd. was founded in 1905, is the earliest large-scale iron and steel enterprises resume production in China, known as “the cradle of China’s iron and steel industry,” “Republican meritorious enterprise.” Benxi Iron and Steel is located in the central economic belt of Liaoning Province, has 80,000 employees, assets of 145 billion yuan, annual sales revenue over 100 billion yuan, crude steel production capacity of 20 million tons. It is one of the top ten iron and steel enterprises in China and the 20th largest iron and steel enterprise in the world.

They are the largest provincial state-owned ente rprise group in Liaoning Province, China’s top 500 enterprises. It is a large iron and steel conglomerate based on steel industry and cooperating with diversified industries such as financial investment, trade and logistics, equipment manufacturing, industrial services and urban services, and the world famous “Ginseng Iron”.

Bengang boasts abundant mineral resources and wo rld-class technology and equipment. The products are widely used in the fields of automobile, household appliance, petroleum, chemical industry, aerospace, machinery manufacturing, energy transportation, construction and decoration and metal products, and exported to the United States, EU, Japan, South Korea, etc. More than 80 countries and regions, the total exports for many years ranked the forefront of the national steel industry. With the most extensive, the highest strength automotive cold-rolled plates and the highest strength automotive galvanized sheet production capacity and vehicle availability.

Benxi Iron and Steel has a national technology center and testing center, built a national academician expert workstations, postdoctoral research station, advanced automotive steel research and development and application of national joint engineering laboratories and other R & D platform, set up a car plate, high strength steel, silicon steel, Wire rod, stainless steel and other professional research institutions in the automotive board, appliance boards, oil pipeline steel, container steel and other product research and development in the leading domestic level. It is the “Model Enterprise of National Technology Innovation” and “Top 100 Enterprises for Brand Competitiveness of Chinese Industrial Enterprises” approved by the State Ministry of Industry and Information Technology.

– Steel products: Hot rolled steel products, Cold-rolled steel products, Special steel products, High speed wire steel products, Stainless steel products, Casting steel products.

– Volume of steel production: 14.4 millions of tonnes.

Top 10: Baotou Steel – a competitive steel supplier in China

BaoTou Steel Group Electric Co. Ltd was founded in 1958. The company combines design, mamufactuing, overhaul, install, debug. During more than 50 years of arduous and tortuous, the company has complete industrial categories,the best technology research and development capabilities, the highest service level. And it has become a large comprehensive Electric Co. Ltd which with strong competitiveness.

The currrent staff number is 622 in the company, all kinds of professional technicians are 25% of total employees, of which,25 are master degree or above, 18 are senior engineers, 12 are senior technicians, 68 are engineers, 32 are technicians. The total assets of the company is 180 million, it covers 128 mu.

The company has 4 advanced metal procedding equipments which made in Japan, 1 ShenKe dynamic balancing machines made in Germany, 1 large laser processing equipment, 6 large heat fan and vacuum driers, 1 vacuum dip painting installation and more than 80 equipments of parts processing, integral forming, surface treatment. The company has large test and inspection equipment, the capacity of test equipment is above 5000KVA.

The company obtained the ISO9001Quality, ISO14OO 1Environment, OHSAS18001 the occupational healthy and safety management system certification certified by British Laoshi international authentication company in 2003, and we are the first company of all the metallurgical steel enterprise in Inner Mongolia autonomous region and even in China which obtained the certificate. Our company has received certification of the power grid construction and transformation of the products and company in both urban and rural areas, approved by the State Economic and Trade Commissiom.

– Ranking: 30

– Steel products: plates, seamless metal tubes, heavy tubes, square steel, wire rods, steel pipes, steel scraps

– Volume of steel production: 12.3 millions of tonnes.

Besides, we can have some others trusted/ largest steel manufacturers in China as follows:

Liuzhou Iron and Steel
Jinxi Iron and Steel
Maanshan Iron and Steel Company

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