Handan Iron and Steel Group or Hansteel is a

state-owned State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or state, or a public body representing a community, as opposed to ...

iron Iron is a chemical element; it has symbol Fe () and atomic number 26. It is a metal that belongs to the first transition series and group 8 of the periodic table. It is, by mass, the most common element on Earth, forming much of Earth's o ...

and

steel Steel is an alloy of iron and carbon that demonstrates improved mechanical properties compared to the pure form of iron. Due to steel's high Young's modulus, elastic modulus, Yield (engineering), yield strength, Fracture, fracture strength a ...

enterprise engaging in the

manufacturing Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer ...

, processing, and sale of

black metal Black metal is an extreme metal, extreme subgenre of heavy metal music. Common traits include Tempo#Beats per minute, fast tempos, a Screaming (music)#Black metal, shrieking vocal style, heavily distorted Electric guitar, guitars played with tr ...

billet In European militaries, a billet is a living-quarters to which a soldier is assigned to sleep. In American usage, it refers to a specific personnel position, assignment, or duty station to which a soldier can be assigned. Historically, a billet w ...

, steel

rolling Rolling is a Motion (physics)#Types of motion, type of motion that combines rotation (commonly, of an Axial symmetry, axially symmetric object) and Translation (geometry), translation of that object with respect to a surface (either one or the ot ...

carbamide Urea, also called carbamide (because it is a diamide of carbonic acid), is an organic compound with chemical formula . This amide has two amino groups (–) joined by a carbonyl functional group (–C(=O)–). It is thus the simplest amide o ...

sintering Sintering or frittage is the process of compacting and forming a solid mass of material by pressure or heat without melting it to the point of liquefaction. Sintering happens as part of a manufacturing process used with metals, ceramics, plas ...

mineral In geology and mineralogy, a mineral or mineral species is, broadly speaking, a solid substance with a fairly well-defined chemical composition and a specific crystal structure that occurs naturally in pure form.John P. Rafferty, ed. (2011): Mi ...

metallurgical Metallurgy is a domain of materials science and engineering that studies the physical and chemical behavior of metallic elements, their inter-metallic compounds, and their mixtures, which are known as alloys. Metallurgy encompasses both the ...

machinery A machine is a physical system that uses power to apply forces and control movement to perform an action. The term is commonly applied to artificial devices, such as those employing engines or motors, but also to natural biological macromolec ...

parts, and coke. It was established in 1958 and it is

headquartered Headquarters (often referred to as HQ) notes the location where most or all of the important functions of an organization are coordinated. The term is used in a wide variety of situations, including private sector corporations, non-profits, mil ...

Handan Handan is a prefecture-level city located in the southwest of Hebei province, China. The southernmost prefecture-level city of the province, it borders Xingtai on the north, and the provinces of Shanxi on the west, Henan on the south and Shando ...

Hebei Hebei is a Provinces of China, province in North China. It is China's List of Chinese administrative divisions by population, sixth-most populous province, with a population of over 75 million people. Shijiazhuang is the capital city. It bor ...

China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...

. Its

subsidiary A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidia ...

company, Handan Iron and Steel Company Limited (), was established in 1996 and was listed on the

Shanghai Stock Exchange The Shanghai Stock Exchange (, SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Beijing Stock Exchange and the Shenzhen Stock ...

in 1998. In 2008, Hansteel merged with

Tangsteel Group Tangshan Iron and Steel Group Company Limited, or Tangsteel, founded in 1943 and headquartered in Tangshan, Hebei, is one of the largest steel manufacturing state-owned enterprise in China. Its subsidiary and listed company, Tangshan Iron and St ...

Tangshan Tangshan ( zh, c=唐山 , p=Tángshān) is a coastal, industrial prefecture-level city in the northeast of Hebei province. It is located in the eastern part of Hebei Province and the northeastern part of the North China Plain. It is located in t ...

, to become

Hebei Iron and Steel Group Hesteel Group Company Limited is a Chinese iron and steel manufacturing conglomerate, also known as Hesteel Group or its pinyin shortname Hegang. The company was also known as Hebei Iron and Steel Group Co., Ltd. or HBIS until 2016 (). Hesteel G ...

, which is the fifth largest steel producer in the world.Two Chinese steel cos merge to form world's 2nd-largest producer
/ref> Their listed subsidiaries were also merged to form Hebei Iron and Steel Company.

References

External links

Handan Iron and Steel Group Company Limited
{{Steel companies of the People's Republic of China Manufacturing companies established in 1958 Steel companies of China Companies based in Hebei Companies owned by provincial governments of China 1958 establishments in China Handan