Anshan Iron and Steel Group Co., Ltd. (ASGroup) is a Chinese state-owned steel-making company and one of the largest in China. It is based in Anshan City, Liaoning Province. It was formed in 1909.
Anshan Iron and Steel Group Co., Ltd. (ASGroup) is not only among the first major companies in China to introduce professional corporate management systems and advanced technological expertise from Japan in the early 1950s, but it is also an important enterprise of the Chinese government’s reform and opening up policy.
It has been listed as one of the top 500 enterprises in China since 1997 and one of the top 500 manufacturers in the world since 2007. The group achieved the gold award at the China’s Top 10 Most Competitive Enterprises in the Iron and Steel Manufacturing Industries competition in 2011.
The company is engaged in the production and sale of steel, steel billets and metal products. It has several subsidiaries, including Ansteel Group, the main operating entity, and Shandong Ansteel Group, Anxiang Steel and others. Its main products range from hot rolled steel plates, cold rolled steel sheets, galvanized steel sheets, section steels and other channel steels, to steel coils and billets, which are widely used in construction materials and machining industry, petroleum chemical industry, automobile industry, railroad and container transportation, energy, electrical and electronic products and other fields.
The company also produces specialty steels, including stainless steels, tool steels, bearing steels, spring steels and weathering steels. Moreover, the company has developed a complete industrial chain of steel manufacturing-processing, service and trading involved in production, processing, storage and transportation etc.
Anshan Iron and Steel Group Co., Ltd. is continuously improving its management structure, optimizing its production structure and overall working efficiency, creating more high value-added products and services, and increasing its international market share. It targets to be among the top three enterprises in the Chinese steel industry, Shanghai Stock Exchanges Large-Cap Companies and Chinas Top 500 Manufacturers in the near future.
