Maanshan Iron and Steel Company
Steel, Baosteel, Wuhan Iron & Steel, H-beam, Locomotives, Magang (Group) Holding Company, Sintering, Smelting
978-613-4-94321-5
6134943215
60
2011-03-26
29.00 €
eng
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Maanshan Iron & Steel Company Limited (SSE: 600808; SEHK: 0323) is China's third largest steel producer after Baosteel and Wuhan Iron & Steel. Set along the banks of the Yangtze River in Ma'anshan, Masteel is known as the "flower of Jiangnan (South of Yangtze River in Chinese language)." Maanshan Iron & Steel, better known as Masteel, turns out 8 million tons of steel annually, 80% of which are of international grade (the remainder is used in-state). Its H-beams, plates, wheels, and wires are exported to nearly 50 countries worldwide. The company also makes wheels for locomotives. Formerly a subsidiary of Magang (Group) Holding Company, Masteel was spun off in 1993 and today is publicly traded on the Shanghai and Hong Kong stock exchanges. It has 44,104 employees as of December 2007. On November 26, 2006, the Company acquired a 71% of equity interest in Burwill Coil Centre (Yangzhou) Company Limited.
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