New situation of the steel industry

Private enterprises grew bigger and stronger
As the largest private steel pipe supplier in China, Shagang Group actively participated in the bankruptcy restructuring of Special steel, and in-depth integration of Anyang iron and steel enterprises, improve the group capacity scale. Build Long Group to Heilongjiang build long as the fulcrum, has reorganized the North Man special steel, Xilin iron and steel. At the same time, it has also taken over Baotou Wanteng, Ningxia Shenyin Special Steel, Wenshui Haiwei and other enterprises, and the scale of crude steel production capacity has been greatly improved. Through the way of judicial reorganization, Delong Iron and Steel realized the reorganization of Bohai Iron and Steel Group, and established the new day steel Group, which became the eighth largest iron and structural steel pipe manufacturer in China, and made the original Bohai Iron and Steel Group in deep management difficulties of the Tiantie Group, the day steel Group, metallurgical group revitalized the vitality.

The integration of enterprises in the domain is accelerated
China Baowu focused on the integration of Xinjiang iron and steel industry, established Tianshan Iron and Steel Company, acquired Yili Iron and steel, Xinxing cast pipe Xinjiang Company, established the leading position in Xinjiang iron and steel industry, laid the foundation for the realization of the full integration of Xinjiang iron and steel industry resources such as rectangular hollow section. Anyang area is relying on Shagang Group, through Yongxing Iron and Steel restructuring Huixin Iron and steel, Bosheng iron and steel, new Pu steel 3 steel enterprises. Through a series of mergers and acquisitions, Jianlong Group became the only steel enterprise in Heilongjiang province.
A breakthrough in overseas restructuring
In April 2016, Hesteel Group and the Serbian government formally signed the acquisition agreement for Smederevo Steel Mill, becoming the first overseas production and manufacturing base of the whole industrial chain in China’s steel industry. In March 2020, Dedicated Group formally acquired British Steel Corporation, the second largest steel enterprise in the UK. In 2018, Jianlong Group acquired the Donggang project in Malaysia.
Extending upstream and downstream of the industrial chain
In 2020, China Baowu participated in the reorganization of Tibet Autonomous Region Mining Development Corporation, and obtained the actual control of the company, and mastered the only large-scale production base of chromium mine in China; In addition, Ruitai Technology, the field of resistance to the leading companies into the fold. As the largest producer of premium and mild steel tube in China, ZhongTE Group acquired Shuaichao Industrial Co., Ltd. through reorganization of Qingsteel in 2017, and successfully entered the field of automobile plate spring.