Taiyuan Iron and Steel Group Co. Ltd.
Taiyuan Iron and Steel Group Co. Ltd (TISCO) was founded in 1902 and is a state-owned enterprise located in the city of Taiyuan in Shanxi province in China. TISCO is now one of the worlds leading steel producers. As the first domestic iron and steel group to be listed on the Shanghai and Hong Kong Stock Exchange, TISCO operates mainly in the production and manufacture of Stainless Steel and other alloy steel products, and is the largest steel provider in all of Greater China.
Within its own production capacity, TISCO boasts an annual steel production of more than thirty-two million metric tons, while still producing more than one-hundred types of steel products. TISCO employs more than fifty-thousand staff to support their products, which are sold in all continents throughout the world.
Through decades of sustained development and successful management, TISCO enjoys a rich competitive advantage and a leading market position. In recent years, TISCO has also developed a strong presence in the international arena and has placed a top priority on continuing to increase its independent capabilities so it can remain competitive in the global market.
Innovation has been a major source of TISCO’s success and the Group is committed to ensuring that it maintains its competitive edge. To this end, TISCO is actively working to enhance the effectiveness of its research and development projects and has invested millions of dollars in advanced research technologies.
Overall, TISCO is increasingly utilizing advanced technology throughout its production processes, leading to advances in efficiency, quality and cost effectiveness. Also, the quality control process employed by the Group has been further strengthened, resulting in quality steel that provides consistent product performance.
Finally, TISCO remains committed to environmental protection and has invested heavily in environmental initiatives to reduce emissions, minimize noise pollution and work towards the green production of steel. In addition, TISCO has expanded its resources to ensure that it is more in line with global standards of safety and environmental management, while also promoting the advancement of social responsibility and sustainability.
The ongoing commitment from TISCO to creating world-class products and services has resulted in the Group maintaining a strong presence in the global marketplace. TISCO deserves its place as a leader in the industry as it strives for excellence and continues to make progress towards becoming an international brand of quality steel.
