Steel Industry | Basic Materials Sector | - CEO | XSHE Exchange | CNE000001P11 ISIN |
China Country | 4,366 Employees | - Last Dividend | 16 Oct 2015 Last Split | - IPO Date |
Jiangsu Shagang Co., Ltd. operates in the global market, focusing on the development, smelting, processing, and sales of ferrous metal products. Founded in 1970 and formerly known as Jiangsu Huaigang Group Co. Ltd., the company has cemented its position not only within China but also on an international scale. It offers a wide array of high-quality special steel products catering to critical industry sectors such as aerospace, marine engineering, high-rise building, bridge construction, pipelines, petrochemicals, automotive, home appliances, and food packaging, among others. In addition to its core offerings, Jiangsu Shagang engages in various other businesses including finely ground slag powder and slag cement production, steel trade, construction and decoration services, sales of fuel products, material acquisition, pellet processing, transportation, and recycling of renewable resources. The company also ventures into real estate development and sales, alongside asset and investment management. Thanks to a diverse portfolio and robust operational strategies, Jiangsu Shagang exports its products to more than 90 countries and regions across Southeast Asia, Europe, North America, South America, Oceania, and Africa, operating under the revered Shagang brand from its headquarters in Zhangjiagang, China.
Includes a wide variety of specialty steels such as spring steel, gear steel, bearing steel, wheel steel, axle steel, anchor chain steel, non-quenched and tempered steel, high-pressure boiler pipe steel, high-quality carbon steel, and alloy structural steel. Each of these products finds its application in critical industry sectors including aerospace, marine engineering, and automotive manufacturing.
The company offers thick plates, hot rolled plates, cold rolled plates, and ultra-thin strips. These products serve as foundational materials for construction, manufacturing, and infrastructure projects across the globe.
Jiangsu Shagang produces high-speed wire rods, coiled wire rods, and ribbed steel bars under the Shagang brand. These products are essential for the construction industry, particularly in reinforcing structures, buildings, and bridges.
In response to environmental sustainability, the company engages in the production and sale of finely ground slag powder and slag cement, contributing to the green construction materials sector.
Expanding its footprint beyond manufacturing, Jiangsu Shagang is involved in the steel trade. It also offers installation, construction, and decoration services, ensuring a broad market reach.
The company extends its business to the sales of gasoline, diesel, and lubricating oils. It also engages in material acquisition, highlighting its diverse service offerings.
Pellet processing, transportation services, and the recycling of renewable resources reflect Jiangsu Shagang’s commitment to operational efficiency and environmental sustainability.
By venturing into real estate development and sales, as well as asset and investment management, Jiangsu Shagang diversifies its portfolio, tapping into new market segments and revenue streams.