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Tangsteel Group

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Tangshan Iron and Steel Group Company Limited
唐山钢铁集团有限公司
Company typeState-owned enterprise
IndustrySteel manufacturing
Founded1943; 81 years ago (1943)
Headquarters,
Area served
People's Republic of China
Key people
Chairman and party secretary: Mr. Wang Yifang
ParentHesteel Group
WebsiteTangshan Iron and Steel Group Company Limited

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.[1] Its subsidiary and listed company, Tangshan Iron and Steel Company Limited (SZSE: 000709) was established in 1994 and it was listed on the Shenzhen Stock Exchange in 1997.[2]

In 2005 it formed a joint venture Jingtang United Iron and Steel with Shougang Group. Tangsteel Group owned 49%.

In 2006, Tangsteel merged with Xuanhua Iron & Steel Group and Chengde Iron and Steel Group to form "New Tangsteel Iron and Steel Group".[3] In 2008, Tangsteel merged with Hansteel Group to form "Hebei Iron and Steel Group", which is the largest steel maker in China and the fifth largest in the world.[4]

in 2010 the Jingtang United Iron & Steel was sold back to Shougang Group.

References