Hesteel Group

Source: Wikipedia, the free encyclopedia.
(Redirected from
Hesteel
)
Hesteel Group
State-owned Assets Supervision and Administration Commission of the Government of Hebei Province
Subsidiariessee list
Websitehbisco.com
Footnotes / references
in a consolidated basis[1]
Hesteel Group Company Limited
Hanyu Pinyin
Hé gāng jítuán yǒuxiàn gōngsī

Hesteel Group Company Limited is a Chinese iron and steel manufacturing conglomerate, also known as Hesteel Group or its pinyin shortname Hegang. The company was also known as Hebei Iron and Steel Group Co., Ltd. or HBIS until 2016 (Chinese: 河北钢铁集团有限公司).[2]

Hesteel Group is the

(WISCO) in September 2016, Baowu Steel Group's pro forma production volume in 2015 would be the second in the world, exceeding Hesteel Group. However, Hesteel Group, Baosteel Group and WISCO all announced the cut in production capacity, in response to the market demand and government policy, thus the final ranking could not be predicted.

By net assets, Baosteel Group's

subsidiary
was already exceeding the net assets of Hesteel Group as of 31 December 2015.

Hesteel Group had a

of Hesteel Group.

History

Hebei Iron and Steel Group Co., Ltd. was established on 30 June 2008 by the merger of

The company had an indirectly listed subsidiary,

Hesteel Company, which was known as Hebei Iron and Steel Company until June 2016.[5]

See history of Hesteel Group (Hebei Iron and Steel) since 1918.

Subsidiaries

References

  1. ^ "2015 Annual Report" (PDF). Hesteel Group. 29 April 2016. Archived from the original (PDF) on 6 October 2016. Retrieved 4 October 2016.
  2. ^ 关于间接控股股东更名的公告 [Announcement of name change of the indirect holding company] (PDF) (in Chinese). Hebei Iron and Steel Company. 26 January 2016.
  3. ^ "World Steel Association - Top steel-producing companies". Archived from the original on 2016-07-19. Retrieved 2016-07-26.
  4. ^ 关于河北钢铁集团有限公司成立的进展公告 [Establishment of Hebei Iron and Steel Group] (PDF) (in Chinese). Tangshan Iron and Steel Company. 1 July 2008. Retrieved 4 October 2016.
  5. ^ 关于变更公司名称的公告 [Announmcnet of change in company name] (PDF) (in Chinese). Hesteel Company. 13 June 2016. Retrieved 4 October 2016.
  6. ^ Megan Van Wyngaardt (11 May 2017). "Hesteel Group acquires Palabora Mining Company's Holding Company". Mining Weekly.

External links