The Handan Iron and Steel Group (HBIS) is one of the most important wholly state-owned enterprises in China. Founded in 1958 and located in Handan City, Hebei Province, it is under the administration of the State-owned Assets Supervision and Administration Commission (SASAC) of Hebei Province.
HBIS is the world’s largest steel and iron company by production capacity as of 2019. It was the world’s 9th largest steel company and the 14th-largest steelmaking company by output. The company’s main production facilities include seven steel plants and ten mills, with a total production capacity of over 66 million metric tons as of 2019.
HBIS’s products are acclaimed throughout the Chinese market due to their high quality and durability, making them immensely popular with customers and investors. The company’s product lineup includes hot-rolled steel (HRS), cold-rolled steel (CRS), strip steel, sheet steel, galvanized steel, aluminized steel, electrical steel, and more. HRS is the primary product of HBIS, contributing over 30% of the company’s total production.
HBIS’s commitment to research and development (R&D) has enabled it to create some of the most innovative and advanced steel technologies currently available. This has enabled the company to stay ahead of its competitors, creating new opportunities and products.
The company’s strategy of “Energy Conservation, Environmental Protection, and High Efficiency” has enabled it to expand its global reach and create value for its customers, investors, and the environment. In addition, HBIS has consistently invested in new technologies to reduce its carbon footprint and emissions, achieving a level of sustainability that is among the best in the industry.
HBIS’s commitment to quality, innovation, and sustainability make it one of the world’s leading steel and iron companies. The company’s ability to maintain its position as a leader in the industry is largely thanks to the hard work of its dedicated employees, who are committed to producing the highest quality products. With a strong focus on innovation and a commitment to sustainability, HBIS is well-positioned to remain a leader in the steel and iron industry for years to come.
