Gansu Jiu Steel Group Hongxing Iron & Steel Co., Ltd. (600307)

Overview

Gansu Jiu Steel Group Hongxing Iron & Steel Co.,Ltd., founded in 1999 and based in Jiayuguan, China, is a significant player in the iron and steel industry. It specializes in producing and selling a comprehensive range of iron and steel products and their rolled variants. The company's market outreach spans across China, Europe, South Korea, Japan, and the United States, indicating its global presence and competitive edge in the steel industry. Moreover, Gansu Jiu Steel Group Hongxing Iron & Steel Co.,Ltd. operates as a subsidiary of the larger conglomerate, Jiuquan Iron and Steel (Group) Co., Ltd., marking a strategic alignment with one of China's steel industry leaders.

Products and Services

• Wire Rods: These are long steel products rolled from billets, mainly used in construction, automotive components, and manufacturing industries for making nails, screws, and wire mesh.
• Bars: The company produces various steel bars, which are essential for a broad range of construction and engineering works. These include reinforced concrete bars and structural steel bars.
• Plates: Heavy steel plates produced by the company are used in manufacturing heavy machinery, ships, bridges, and large infrastructure projects.
• Hot-Rolled Coils: These are widely used in automotive frames, wheels, and other engineering applications that benefit from the properties of hot-rolled steel.
• Cold-Rolled Plates and Sheets: Preferred for their superior surface finish and dimensional accuracy, these products find usage in automotive manufacturing, appliances, and in the production of electrical panels.
• Galvanized Plates: These plates are coated with a layer of zinc to protect against corrosion, making them suitable for outdoor construction materials, automotive parts, and electrical equipment.
• Alloy Coated Plates: Offering enhanced properties such as corrosion resistance and strength, these plates are used in specialized sectors including automotive, construction, and energy.
• Medium-Thick Plates: Mainly utilized in the construction of ships, pressure vessels, and large storage tanks, these plates are known for their thickness and strength.

In addition to its primary offerings in the iron and steel sector, Gansu Jiu Steel Group Hongxing Iron & Steel Co.,Ltd. also diversifies its business into producing electrolytic aluminum equipment and manufacturing ferroalloys and non-metallic materials. Outside of the materials industry, the company has expanded its operations into the wine, dairy, and public service industries, demonstrating a broad and diversified portfolio that leverages its core competencies while exploring new market opportunities.