Sinosteel Headquarters
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State-owned enterprise | |
Industry | Mineral trading and logistics, construction and engineering, mining, equipment manufacturing |
Founded | Sinosteel Plaza, Haidian District, Beijing, China (1993 ) |
Headquarters | Beijing, China |
Key people
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Huang Tianwen (President) Zhimin Li (Vice President) |
Website | sinosteel.com |
Sinosteel Corporation (S: 中国中钢集团公司, T: 中國中鋼集團公司, P: Zhōngguó Zhōnggāng Jítuán Gōngsī) is a central state owned enterprise, primarily in mining, trading, equipment manufacturing and engineering, under the supervision of the State-owned Assets Supervision and Administration Commission. Founded in 1993 and based in the People's Republic of China, it is the country's second largest importer of iron ore.
There are 86 subsidiaries under the administration of Sinosteel, among which 63 are in China and 23 abroad. Sinosteel is mainly engaged in mining and processing of minerals; related trading and logistics; construction, engineering, and technical service; and equipment manufacture. It operates in Algeria, Australia, South Africa, India, Singapore, Brazil, Germany, Gabon, Cambodia, Indonesia, Vietnam, Turkey, Hong Kong, and Macao.
The company has iron and chrome mines in Australia and South Africa.
Sinosteel possesses a global-running sales network and logistic service system. It is the raw material supplier and sales-agent for a number of Chinese steel mills, some of which Sinosteel has entered into long-term strategic partnership. The company offers ferrous metal minerals, non-metal minerals, and coke and coal; , such as scrap, pig iron, and heavy crude oil; steel/finished steel products, including steel/semi-finished steel products, steel wire products, and steel grating; and ferroalloys.
It acts an agent for many Chinese and international equipment and technology suppliers, providing investment development, future brokerage, bidding services for Chinese steel mills, goods transportation, insurance, cargo agent, storage and port and wharf services.
It also provides manufacturing equipment, such as mining, rotating and sintering, iron making, and steel making and refining equipment; submerged-arch furnace; and continuous casting, rolling, carbon mechanical and electrical, and refractory manufacturing equipment. In addition, the company offers refractories for steel making industry, petrochemical industry, non-ferrous industry, cement industry, and glass industry. Further, it provides carbon products, electro-magnetic material, and non-ferrous metals.