Hesteel Group Company Limited is a Chinese iron and steel manufacturing conglomerate, also known as Hesteel Group or its

pinyin Hanyu Pinyin, or simply pinyin, officially the Chinese Phonetic Alphabet, is the most common romanization system for Standard Chinese. ''Hanyu'' () literally means 'Han Chinese, Han language'—that is, the Chinese language—while ''pinyin' ...

shortname Hegang. The company was also known as Hebei Iron and Steel Group Co., Ltd. or HBIS until 2016 (). Hesteel Group is the second-largest steel producer in the world measured by crude steel output (after European-Indian conglomerate

ArcelorMittal ArcelorMittal S.A. is a Luxembourg-based multinational steel manufacturing corporation, headquartered in Luxembourg City. It is ranked second on the list of steel producers behind Baowu, and had an annual crude steel production of 58 millio ...

) in 2015, according to the

World Steel Association World Steel Association, abbreviated as worldsteel, is the international industry association for the iron and steel sector. The association is one of the largest and most dynamic industry associations in the world, with members in every major s ...

(Chinese companies data was provided by

China Iron and Steel Association China Iron and Steel Association (CISA, ) is a national, non-profit organization founded in 1999 on the basis of China Metallurgical Enterprise Management Association. CISA members consist of China’s steel enterprises, institutions, societies an ...

). After the announcement of the merger of

Baosteel Group China Baowu Steel Group Corp., Ltd., commonly known as Baowu, is a state-owned iron and steel company headquartered in the Baosteel Tower in Pudong, Shanghai, China. The company was formed by Baosteel Group absorbing its smaller state-owned p ...

and

Wuhan Iron and Steel Corporation Wuhan Iron and Steel Corporation (WISCO) is a Chinese state-owned enterprise. It started to operate in 1958 in Qingshan District, Wuhan, Qingshan, Wuhan, Hubei, China. It was administered by State-owned Assets Supervision and Administration C ...

(WISCO) in September 2016, Baowu Steel Group's pro forma production volume in 2015 would be the second in the world, exceeding Hesteel Group. However, Hesteel Group, Baosteel Group and WISCO all announced the cut in production capacity, in response to the market demand and government policy, thus the final ranking could not be predicted. By net assets, Baosteel Group's

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 ...

was already exceeding the net assets of Hesteel Group as of 31 December 2015. Hesteel Group had a second-tier subsidiary listed at the

Shenzhen Stock Exchange The Shenzhen Stock Exchange (SZSE; ) is a stock exchange based in the city of Shenzhen, in the People's Republic of China. It is one of three stock exchanges operating independently in Mainland China, the others being the Beijing Stock Excha ...

Hesteel Company 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 controlled by the direct subsidiaries

Hansteel Group Handan Iron and Steel Group or Hansteel is a state-owned iron and steel enterprise engaging in the manufacturing, processing, and sale of black metal, billet, steel rolling, carbamide, sintering mineral, metallurgical machinery parts, and coke. ...

and

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 ...

of Hesteel Group.

History

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 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 ...

Province. The company had an indirectly listed subsidiary,

, which was known as Hebei Iron and Steel Company until June 2016. Se
history of Hesteel Group (Hebei Iron and Steel)
since 1918.

Subsidiaries

(100%) *

Shijiazhuang Iron and Steel Shijiazhuang; Mandarin: ; formerly known as Shimen and romanized as Shihkiachwang is the capital and most populous city of China's Hebei Province. A prefecture-level city southwest of Beijing, it administers eight districts, three county-lev ...

(100%) *

(60.32%, ) *

Hesteel Serbia The HBIS GROUP Serbia Iron & Steel, commonly known as the Hesteel Serbia ( sr-Cyrl-Latn, Хестил Србија, Hestil Srbija, separator=" / ") or Železara Smederevo ( sr-Cyrl, Железара Смедерево), is a Serbian steel manufac ...

(''Železara Smederevo'') * Chengsteel in Chengde *

Xuansteel Xuanhua Steel Group Co., Ltd.() or Xuansteel is a state-owned iron and steel enterprise located in Xuanhua District, Hebei Province, China, which is mainly engaged in Steel business. In 2006, the company incoperated into the Tangsteel Group. In ...

* Wugang Steel *

Hengshui Thin Steel } Hengshui ( zh, s=衡水) is a prefecture-level city in southern Hebei province, People's Republic of China, bordering Shandong to the southeast. It borders Shijiazhuang City to the west, Xingtai City to the south, and Baoding City and Cangzhou ...

Jingtang The Port of Jingtang () is an artificial deep-water international seaport on the coast of Tangshan Municipality, Hebei, in Northern China. It is part of the Tangshan port complex, which consists of Jingtang, Caofeidian and Fengnan ports. Combined ...

Hesteel Group Mining 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 ...

Guomao Company Guomao may refer to: * Guomao, Beijing, area in Chaoyang District, the central business district of Beijing, China * Guomao Station (Beijing) Guomao Station () is an interchange station on Line 1 and Line 10 of the Beijing Subway at the Chin ...

Caida Securities Caida (财大; ) is a Chinese abbreviation that may refer to: * Central University of Finance and Economics, a national public university in Beijing * Shanghai University of Finance and Economics, a national public university in Shanghai * Southwes ...

* Palabora Mining Company Ltd

References

External links

*
Official website of Hesteel Company
{{Steel companies of the People's Republic of China Companies based in Hebei Companies owned by provincial governments of China Steel companies of China Chinese companies established in 2008 Companies based in Shijiazhuang 2008 establishments in China