Angang Steel Company Limited known as Angang Steel or Ansteel is a joint-stock limited company parented by

Anshan Iron and Steel Group 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 S ...

, which is supervised by the

State Council of the People's Republic of China The State Council, constitutionally synonymous with the Central People's Government since 1954 (particularly in relation to local governments), is the chief administrative authority of the People's Republic of China. It is chaired by the p ...

. It is the second largest steel maker in

Mainland China "Mainland China" is a geopolitical term defined as the territory governed by the People's Republic of China (including islands like Hainan or Chongming), excluding dependent territories of the PRC, and other territories within Greater Chin ...

. "Angang" is the

pinyin Hanyu Pinyin (), often shortened to just pinyin, is the official romanization system for Standard Mandarin Chinese in China, and to some extent, in Singapore and Malaysia. It is often used to teach Mandarin, normally written in Chinese fo ...

transcription of the company's Chinese short name 鞍钢 (''Āngāng'', meaning "saddle steel", because of its close ties to

Anshan Anshan () is an inland prefecture-level city in central-southeast Liaoning province, People's Republic of China, about south of the provincial capital Shenyang. As of the 2020 census, it was Liaoning's third most populous city with a populatio ...

, Liaoning). Ansteel is engaged in producing and selling steel products as

billets A billet is a living-quarters to which a soldier is assigned to sleep. Historically, a billet was a private dwelling that was required to accept the soldier. Soldiers are generally billeted in barracks or garrisons when not on combat duty, alt ...

, cold rolled sheets, color coating plates, wire rods, thick plates and heavy rails. It was

incorporated Incorporated may refer to: * Incorporated community * ''Incorporated'' (Grip Inc. album), 2004, by Grip Inc. * ''Incorporated'' (Legion of Doom album), 2006 * ''Incorporated'' (TV series), a science fiction thriller television series set in 2075 ...

in 1997 when Anshan Iron and Steel injected its cold rolling, wire rod, and thick plate operations into Ansteel. Ansteel is

headquartered Headquarters (commonly referred to as HQ) denotes the location where most, if not all, of the important functions of an organization are coordinated. In the United States, the corporate headquarters represents the entity at the center or the top ...

in Anshan.Ansteel Company Description
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References

{{authority control Companies formerly in the Hang Seng China Enterprises Index Companies listed on the Hong Kong Stock Exchange Companies listed on the Shenzhen Stock Exchange Companies established in 1997 Steel companies of China Government-owned companies of China Companies based in Liaoning 1997 establishments in China Anshan