Angang Steel Co Ltd

Overview

Angang Steel Co Ltd (Ansteel), a subsidiary of Anshan Group is a steel manufacturer, engaged in the production and sale of steel products. The company primarily offers products such as hot rolled sheets, low allow structural steel plates, carbon structure coiled plate, cold rolled sheets, galvanized steel sheets, color coating plates, silicon steel, moderately thick plates, wire rods, steel products, and seamless steel pipes. Ansteel also provides coal pitch, coal tar, bar products, and crude phenol. The company products are used in various industries, such as automobile, construction, shipbuilding, home electrical appliances, railway construction industries, and in the manufacture of pipelines. Ansteel is headquartered in Anshan, Liaoning, China
Key Stats
Address
Angang Factory, Tiexi District, ANSHAN, Liaoning
Headquarters

China

Contact

86 852 39120863

No of Employees

30,734

Industry

Metals and Mining

Ticker Symbol & Exchange​

000898 [SZSE]

Revenue (2020)

$14,623 m

-4.3% (2020 vs 2019)
Net Income (2020)

$287 m

10.9% (2020 vs 2019)
Net Profit Margin

2 %

16% (2020 vs 2019)
Market Cap *

$8,624 m

EPS *

$0

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Angang Steel Co LtdMaanshan Iron & Steel Co LtdShougang GroupCITIC Pacific Special Steel Group Co Ltd
Key Information
Headquarters China China China China
Headquarter City ANSHAN MAANSHAN Beijing HUANGSHI
Headquarter State/Province Liaoning Anhui - Hubei
No. of Employees 30,734 22,145 - 22,753
Entity Type Public Public Private Public

Products & Services

Angang Steel Company is a China-based steel manufacturer. The key products and services offered by the company include the following:

Products
  • Steel Products
  • Bridge Steel
  • Automotive Steel
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Services
  • E-Commerce
  • E-Bidding
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Wang Yidong Chairman; Director Executive Board 2017 52 Mr. Wang Yidong has been Chairman, and Executive Director of the Company and a senior engineer since 2017. He also...
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History

Year Event Description
2021 Commercial Operation In 2021, the company's weathering steel product enters into the marine container market.
2021 Contracts/Agreements In August, the company announced to merge with Ben Gang Group Corporation.
2019 Contracts/Agreements In December, the company and Angang Steel entered into an agreement to form a joint…
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Locations


Yantai Anshan Iron and Steel International Trade Co., Ltd.
Anshan Iron And Steel Processing And Distribution Guangzhou) Co., Ltd.
Shanghai Anshan Iron and Steel International Trade Co., Ltd.
Ningbo Anshan Iron and Steel International Trade Co., Ltd.
Angang Chaoyang
Zhengzhou Steel
Anshan Iron And Steel Kobelco
Anshan Iron And Steel Processing And Distribution (Shanghai) Co., Ltd.

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
27 Aug 2021 Angang Steel to Raise USD671 Million in Offering of Perpetual Medium-Term Notes Debt Offering Angang Steel Co Ltd
27 Aug 2021 Angang Steel to Raise USD771.25 Million in Offering of Corporate Bonds Debt Offering Angang Steel Co Ltd
27 Aug 2021 Angang Steel to Raise USD771.25 Million in Offering of Renewable Corporate Bonds Debt Offering Angang Steel Co Ltd
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