Ansteel
Encyclopedia
Angang Steel Company Limited or Ansteel is a joint-stock limited company parented
by Anshan Iron and Steel Group
, which is supervised by State Council of the People's Republic of China
. It is the second largest steel
maker in Mainland China
.
Ansteel is engaged in producing and selling steel products as billets, cold rolled sheets, color coating plates, wire rods, thick plates and heavy rails. It was incorporated
in 1997 when Anshan Iron and Steel injected its cold rolling, wire rod, and thick plate operations into Ansteel. Ansteel is headquartered in Anshan, Liaoning
, China
.
Parent company
A parent company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors; the second company being deemed as a subsidiary of the parent company...
by Anshan Iron and Steel Group
Anshan Iron and Steel Group
Anshan Iron and Steel Group is the second-largest steel maker in Mainland China by output, focuses on producing high-end products such as electroplating, color-coated, and silicon flat steel products to make car bodies and computer and telecommunications equipment...
, which is supervised by State Council of the People's Republic of China
State Council of the People's Republic of China
The State Council of the People's Republic of China , which is largely synonymous with the Central People's Government after 1954, is the chief administrative authority of the People's Republic of China. It is chaired by the Premier and includes the heads of each governmental department and agency...
. It is the second largest steel
Steel
Steel is an alloy that consists mostly of iron and has a carbon content between 0.2% and 2.1% by weight, depending on the grade. Carbon is the most common alloying material for iron, but various other alloying elements are used, such as manganese, chromium, vanadium, and tungsten...
maker in Mainland China
Mainland China
Mainland China, the Chinese mainland or simply the mainland, is a geopolitical term that refers to the area under the jurisdiction of the People's Republic of China . According to the Taipei-based Mainland Affairs Council, the term excludes the PRC Special Administrative Regions of Hong Kong and...
.
Ansteel is engaged in producing and selling steel products as billets, cold rolled sheets, color coating plates, wire rods, thick plates and heavy rails. It was incorporated
Incorporation (business)
Incorporation is the forming of a new corporation . The corporation may be a business, a non-profit organisation, sports club, or a government of a new city or town...
in 1997 when Anshan Iron and Steel injected its cold rolling, wire rod, and thick plate operations into Ansteel. Ansteel is headquartered in Anshan, Liaoning
Liaoning
' is a province of the People's Republic of China, located in the northeast of the country. Its one-character abbreviation is "辽" , a name taken from the Liao River that flows through the province. "Níng" means "peace"...
, China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
.