Jiangsu Shagang's business is iron-clad and steeled to one of the world's fastest-growing economies. The company processes and manufactures some 11 million tons of iron annually. It is also one of China's top-five steel producers, rolling out 13.5 million tons of steel each year. Jiangsu Shagang's product line includes rebar, wire rods, slabs, and hot-rolled coils. In addition to iron and steel, Jiangsu Shagang annually produces 350,000 tons of stainless steel sheets and 150,000 tons of zinc-plated steel sheets. The company was established in 1975 and claims total assets worth $4.05 billion (RMB 32.5 billion).
Jiangsu Shagang Group Co., Ltd.
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