List of steel industries in china stands as a global powerhouse, significantly influencing the world’s steel production and consumption. The nation’s rapid industrialization and urbanization have propelled it to the forefront of steel manufacturing, with numerous companies contributing to its expansive output. This article provides an overview of some of the major steel producers in China, highlighting their histories, capacities, and roles within the industry.​

China Baowu Steel Group

Formed through the merger of Baosteel Group and Wuhan Iron and Steel Corporation in 2016, China Baowu Steel Group has ascended to become the world’s largest steel producer. Headquartered in Shanghai, Baowu reported revenues of approximately $157.2 billion in 2023, with a net income of $2.49 billion. The company employs over 382,000 individuals and boasts a diverse product portfolio, including flat steel products, long steel products, and wire products. ​BtoBers+2Wikipedia+2Reuters+2

Hebei Iron and Steel Group (HBIS)

Established in 2008 through the consolidation of Tangshan Iron and Steel Group and Handan Iron and Steel Group, HBIS is one of China’s largest steelmakers. Based in Hebei province, the company has a significant presence in the global steel market. In March 2025, HBIS collaborated with Vale, a major iron ore mining company, to advance steel decarbonization efforts, aiming for carbon neutrality by 2050. ​Reuters

Jiangsu Shagang Group

As one of China’s largest privately-owned steel companies, Jiangsu Shagang Group specializes in the production of long steel products, including wire rods, rebar, and sections. The company plays a crucial role in supplying steel to China’s construction and infrastructure sectors. In February 2025, shares of Chinese steelmakers, including Jiangsu Shagang, experienced declines due to new tariffs imposed by the U.S., adding uncertainty to export markets. ​BtoBers+1Wikipedia+1Reuters

Delong Steel

Founded in 1992 and based in Hebei province, Delong Steel has grown into one of the world’s significant steel producers. In 2022, the company was ranked 12th globally, producing 27.9 million tonnes of steel. Delong Steel’s product range includes high-quality carbon structural steel, low-alloy high-strength structural steel, and special steel plates for pipelines. The company has also expanded its presence internationally, with plans announced in 2022 for a plant in Zimbabwe. ​Wikipedia

Ansteel Group

Ansteel Group, a state-owned enterprise, is one of China’s oldest steel producers. The company offers a wide range of steel products, including carbon steel, alloy steel, and stainless steel. Ansteel supplies key industries such as automotive, construction, and machinery manufacturing, maintaining a vital role in China’s steel industry.​BtoBers

Shougang Group

Established in 1919 and headquartered in Beijing, Shougang Group has a long history in steel production. The company has diversified its operations to include mining, machinery, and electronics, while continuing to produce a variety of steel products for domestic and international markets.​

Maanshan Iron and Steel Company (Masteel)

Based in Ma’anshan, Anhui province, Masteel is a major steel producer in China. The company manufactures a broad spectrum of steel products, including plates, sections, and wire rods, serving industries such as automotive, shipbuilding, and home appliances.​

Midwest Steel Supply and Shanghai Shuangqing Industrial Co., Ltd.

Midwest Steel Supply, in partnership with Shanghai Shuangqing Industrial Co., Ltd., has established itself as a leading manufacturer and trader of steel sheets in China. With over 21 years of growth, the company operates a network of 10 factories across the North, Central, and South regions, strategically positioned near key seaports for cost-efficient transportation. Their product range includes steel sheets, galvanized steel, zinc pipes, and plastic pipes, catering to markets in the Middle East, Southeast Asia, South Asia, West Asia, and other countries. The company prides itself on its robust distribution system, with more than 500 branches and retail stores nationwide, ensuring seamless access to quality products and services.

Industry Trends and Challenges

China’s steel industry has faced various challenges, including overcapacity, environmental concerns, and international trade tensions. In March 2025, several steel producers in Xinjiang, including subsidiaries of China Baowu Steel Group, began reducing production in response to Beijing’s initiative to curtail industry overcapacity. This move aligns with China’s carbon emissions reduction goals and addresses issues of low domestic demand and declining prices. ​ReutersReuters

Furthermore, elevated steel exports have led to increased trade friction, with countries like Turkey and Indonesia imposing anti-dumping duties on Chinese steel products. In 2024, China faced approximately 28 trade remedy cases against its steel exports, reflecting the growing international challenges the industry encounters. ​Reuters

Conclusion

China’s steel industry is a complex and dynamic sector, with numerous key players contributing to its status as a global leader in steel production. Companies like China Baowu Steel Group, HBIS, Jiangsu Shagang Group, Delong Steel, Ansteel Group, Shougang Group, and Masteel have played significant roles in shaping the industry’s landscape. Additionally, enterprises like Midwest Steel Supply and Shanghai Shuangqing Industrial Co., Ltd. have expanded China’s steel reach into international markets. As the industry navigates challenges related to overcapacity, environmental sustainability, and trade relations, these companies continue to adapt and innovate to maintain their competitive edge in the global market.