Angang Steel engages in the production, processing, and sale of steel products in the People’s Republic of China. Its principal products include hot rolled sheets, cold rolled sheets, galvanized steel sheets, color coating plates, medium and thick plates, heavy sections, heavy rails, wire rods, seamless steel pipes, and cold rolled silicon steel products.
Angang Steel also engages in ferrous metal smelting and steel pressing activities. Moreover, it sells building materials, etc.; provides wholesale and retail purchasing services; develops metallurgy and related materials and equipment; and purchases and sells metal and other materials, as well as imports, exports, wholesales, and retails technology products.
Angang Steel’s products are used in various industries, such as machinery, metallurgy, petroleum, chemical, coal, power, railway, shipbuilding, automobile, construction, home electrical appliances, and aviation. It also exports its products.
Angang New Steel that began operation in 1997 became Angang Steel in June 2006. It has its headquarters in Anshan in the People’s Republic of China as a subsidiary of Anshan Iron and Steel Group.