Sinosteel
Company Details
Company Introduction
Sinosteel Corporation abbreviated as Sinosteel is a centralenterprise under the administration of the State-Owned AssetsSupervision and Administration Commission. There are 76subsidiaries under the administration of Sinosteel, among which 53are in China and 23 abroad. The revenue from core businessesreaches RMB 61 billion in 2006. Sinosteel is mainly engaged indeveloping and processing of metallurgical mineral resources,trading and logistics of metallurgical raw materials and products,and related engineering technical service and equipmentmanufacture. It is a large multi-national enterprise withclear-defined core businesses that integrate resources development,trade & logistics, engineering project and science &technology, equipment manufacturing and specialized service,providing comprehensive auxiliary service for steel industry,especially steel mills. Sinosteel is one of the state-ownedenterprises that first 'Go Global'pursuing economic andtechnological cooperation. It has successfully established iron oreand chrome ore resource bases in Australia and South Africa,providing abundant mineral resources for the sustainabledevelopment of China. Sinosteel possesses global-running salesnetwork and logistic service system. It is the raw materialsupplier and sales-agent for major Chinese steel mills, some ofwhich Sinosteel has entered into long-term strategic partnership.Its trading transactions in iron ore, chrome ore, DRI, fluorspar,coke, manganese ore, scrap, steel products, magnesite and rareearth are in the leading position in China, which lay importantinfluence in steel industry. The scientific & technologicalcompanies under Sinosteel have solid research foundation andstrength in the fields of geological exploration, beneficiation,heat engineering, environmental protection, refractory materials,metal products and engineering design, etc. Boasting severalstand-alone intellectual property rights, they accommodate 10state-level research centers and are qualified to carry out masterand doctor education. As a result of industrialization of researchfindings, dozens of production lines have been established withproducts prevailing in domestic and international markets.Sinosteel is qualified to undertake project engineering &purchase, construction and auxiliary supply. As the agent for manyChinese and international equipment & technology suppliers,Sinosteel provides financing and bidding services for big Chinesesteel mills on technique modification and project import. Sinosteelconsultancy is the only metallurgical company in China that isgiven exclusive investment evaluation entrusted by NationalDevelopment and Reform Commission. Sinosteel vigorously establishesinternationally competitive heavy metallurgical machinerymanufacture base that integrates heavy machinery research anddevelopment, core products manufacture and general and sub-projectbidding, and the largest domestic manufacturing and researching& developing bases in refractory, carbon, ferroalloy with thehighest comprehensive strengthes. Via improving the supporting roleof its industrial enterprises, Sinosteel unceasingly promotescapabilities at providing comprehensive auxiliary services to steelindustry, especially steel mills. After dozens of years ofdevelopment, Sinosteel has accumulated strong driving force.Looking into perspective, Sinosteel will fully exert itsadvantages. The commitment will remain that Sinosteel endeavors toestablish a large group enterprise that highlights majorspecialized operations on the global interface supported by ourtech-research dynamics and extensive sales network. With all thesemissions bearing in mind, Sinosteel strives for a leading companyof the circle, highly innovative and well managed, withclear-defined core businesses and efficient global-running system.
Company Information
