Angang Steel Company Limited

Chinese steelmaker producing hot and cold rolled sheet products

What Angang Steel does

Angang Steel is one of China's large steel producers, based in Anshan in the northeast. It smelts iron and rolls it into steel sheets, plates, rails, pipes and wire that other companies use to build cars, ships, appliances, buildings and railways. It also runs related businesses such as coking and chemical products, industrial gases, steel trading and logistics services.

How Angang Steel makes money

It earns revenue by selling steel products by the tonne to industrial customers in China and abroad, with margins driven by the spread between iron ore and coal input costs and steel prices. Ancillary income comes from steel trading, coking and chemical by-products, gas sales, logistics and supply chain finance services.

Products & services

• Hot rolled sheets and medium/heavy plate
• Cold rolled and galvanized steel sheets
• Color coated sheets and cold rolled silicon steel
• Heavy rails and structural profiles
• Seamless steel pipes and wire rods
• Coking and chemical products, industrial gases