459:
182:
165:
146:
710:
289:
Due to ongoing overcapacity within the steel sector, Jiangsu
Shagang Group purchased two internet data firms for $ 3.8 billion, as part of an attempt to expand into new industries for diversification. The June 2017 deal targets Jiangsu Qingfeng Investment Management Co. Ltd. and Beijing Daily Tech
285:
In 2016, the Group headed a consortium that acquired London-based international data center Global Switch
Holdings for £2.4 billion (HK$ 23.03 billion). The consortium bought a 49 percent stake in the company in order to expand Global Switch Holding's strategic infrastructure.
298:
The company processes some 18 million tons of iron annually in order to roll out about 23 million tons of steel each year, making it one of China's top-five steel producers. Jiangsu
Shagang's
40:
667:
744:
447:
378:
315:
734:
759:
322:
and zinc-plated steel sheets. Since 2006, the company has acquired four smaller, rival steel companies, and it now ranks as China's largest
425:
754:
307:
263:
The company drew the world's attention in 2001 when it acquired a steel mill (the
Dortmund-Hörde plant) from German industrial giant
260:. At the end of 2007, it employs over 26,700 staff, covers an area of 10 km, and has total assets over RMB100 billion Yuan.
232:. According to a 2008 survey conducted by the All-China Federation of Industry and Commerce (ACFIC), the company was the largest
440:
764:
519:
749:
713:
509:
463:
433:
635:
566:
526:
256:
Formerly "Jiangsu
Shagang Group Company Limited", it was established in 1975 with self-financing of only 450,000
672:
625:
536:
455:
679:
474:
267:
for 30 million euros and shipped its equipment to China where it was reassembled and resumed operation.
662:
181:
164:
145:
692:
630:
547:
769:
531:
504:
275:
233:
50:
17:
697:
645:
583:
514:
323:
271:
739:
571:
588:
576:
497:
8:
405:
354:
610:
561:
479:
603:
319:
279:
657:
652:
620:
311:
728:
615:
593:
541:
492:
406:"Steel-Maker Shagang Changes Tack With Internet Acquisitions - Caixin Global"
274:
and renamed it into
Huaigang Special Steel in 2006. The stake floated on the
237:
229:
556:
299:
264:
217:
89:
282:
in 2010. In 2015 Shagang Group sold most of the stake in
Shagang Company.
245:
155:
39:
598:
257:
379:"Chinese group pays £2.4bn for stake in data centre Global Switch"
221:
97:
335:
193:
93:
458:
303:
241:
225:
116:
103:
60:
318:. In addition to iron and steel, Jiangsu Shagang produces
726:
270:Shagang Group acquired the controlling stake in
142:47,072,200,000 United States dollar (2021)
161:2,273,500,000 United States dollar (2021)
441:
745:Manufacturing companies established in 1975
448:
434:
180:
163:
144:
38:
128:Chairman Emeritus: The late Shen Wenrong
735:Manufacturing companies based in Suzhou
14:
727:
236:in China at the time. It involves the
228:, an Economic Development Zone of the
31:Jiangsu Shagang Group Company Limited
760:Chinese companies established in 1975
537:Xinjiang Ba Yi Iron & Steel Group
429:
336:Jiangsu Shagang Group Company Limited
202:Jiangsu Shagang Group Company Limited
194:Jiangsu Shagang Group Company Limited
520:Wuhan Iron and Steel Company Limited
400:
398:
373:
371:
365:Kynge: China shakes the world (2006)
24:
25:
781:
755:Privately held companies of China
395:
368:
329:
709:
708:
636:Panzhihua New Steel and Vanadium
567:Chongqing Iron and Steel Company
527:Wuhan Iron and Steel Corporation
457:
673:Shougang Concord International
626:Nanjing Iron and Steel Company
359:
348:
13:
1:
653:Shandong Iron and Steel Group
341:
765:1975 establishments in China
680:Taiyuan Iron and Steel Group
668:Tonghua Iron and Steel Group
355:History of the Shagang Group
27:Major Chinese steel producer
7:
293:
72:; 49 years ago
10:
786:
251:
134:Former President: Liu Jian
706:
548:Maanshan Iron & Steel
488:
470:
189:
172:
153:
138:
122:
110:
84:
66:
56:
46:
37:
750:Steel companies of China
693:Tianjin Pipe Corporation
631:Panzhihua Iron and Steel
510:Baoshan Iron & Steel
464:Steel companies of China
383:South China Morning Post
684:Taigang Stainless Steel
532:Shaoguan Iron and Steel
276:Shenzhen Stock Exchange
234:privately owned company
51:Privately owned company
698:Tiangong International
646:Huaigang Special Steel
584:Fengbao Iron and Steel
515:Meishan Iron and Steel
687:Linfen Iron and Steel
572:Dongbei Special Steel
206:Jiangsu Shagang Group
132:President:Gong Sheng
589:Fushun Special Steel
577:Beiman Special Steel
498:Angang Steel Company
410:www.caixinglobal.com
178:45,398 (2021)
174:Number of employees
34:
475:Companies of China
130:Chariman: Shen Bin
30:
722:
721:
611:Hunan Valin Steel
562:Benxi Steel Group
505:Baowu Steel Group
199:
198:
16:(Redirected from
777:
712:
711:
663:Beijing Shougang
480:Economy of China
462:
461:
450:
443:
436:
427:
426:
420:
419:
417:
416:
402:
393:
392:
390:
389:
375:
366:
363:
357:
352:
326:steel producer.
316:hot-rolled coils
248:steel products.
185:
184:
168:
167:
149:
148:
80:
78:
73:
42:
35:
29:
21:
785:
784:
780:
779:
778:
776:
775:
774:
725:
724:
723:
718:
702:
604:Tangsteel Group
484:
466:
456:
454:
424:
423:
414:
412:
404:
403:
396:
387:
385:
377:
376:
369:
364:
360:
353:
349:
344:
332:
320:stainless steel
296:
280:Shagang Company
254:
179:
175:
162:
158:
143:
133:
131:
129:
125:
113:
106:
100:
76:
74:
71:
32:
28:
23:
22:
15:
12:
11:
5:
783:
773:
772:
770:1975 in Suzhou
767:
762:
757:
752:
747:
742:
737:
720:
719:
707:
704:
703:
701:
700:
695:
690:
689:
688:
685:
677:
676:
675:
670:
665:
658:Shougang Group
655:
650:
649:
648:
638:
633:
628:
623:
621:Jianlong Steel
618:
613:
608:
607:
606:
601:
591:
586:
581:
580:
579:
569:
564:
559:
554:
553:
552:
551:
550:
539:
534:
529:
524:
523:
522:
517:
502:
501:
500:
489:
486:
485:
483:
482:
477:
471:
468:
467:
453:
452:
445:
438:
430:
422:
421:
394:
367:
358:
346:
345:
343:
340:
339:
338:
331:
330:External links
328:
295:
292:
253:
250:
216:is located in
197:
196:
191:
187:
186:
176:
173:
170:
169:
159:
154:
151:
150:
140:
136:
135:
126:
123:
120:
119:
114:
111:
108:
107:
102:
88:
86:
82:
81:
68:
64:
63:
58:
54:
53:
48:
44:
43:
26:
9:
6:
4:
3:
2:
782:
771:
768:
766:
763:
761:
758:
756:
753:
751:
748:
746:
743:
741:
738:
736:
733:
732:
730:
717:
716:
705:
699:
696:
694:
691:
686:
683:
682:
681:
678:
674:
671:
669:
666:
664:
661:
660:
659:
656:
654:
651:
647:
644:
643:
642:
641:Shagang Group
639:
637:
634:
632:
629:
627:
624:
622:
619:
617:
616:Linzhou Steel
614:
612:
609:
605:
602:
600:
597:
596:
595:
594:Hesteel Group
592:
590:
587:
585:
582:
578:
575:
574:
573:
570:
568:
565:
563:
560:
558:
555:
549:
546:
545:
543:
542:Masteel Group
540:
538:
535:
533:
530:
528:
525:
521:
518:
516:
513:
512:
511:
508:
507:
506:
503:
499:
496:
495:
494:
493:Ansteel Group
491:
490:
487:
481:
478:
476:
473:
472:
469:
465:
460:
451:
446:
444:
439:
437:
432:
431:
428:
411:
407:
401:
399:
384:
380:
374:
372:
362:
356:
351:
347:
337:
334:
333:
327:
325:
321:
317:
313:
309:
305:
301:
291:
287:
283:
281:
277:
273:
268:
266:
261:
259:
249:
247:
244:of "Shagang"
243:
239:
235:
231:
230:Yangtze River
227:
223:
219:
215:
211:
210:Shagang Group
207:
203:
195:
192:
188:
183:
177:
171:
166:
160:
157:
152:
147:
141:
137:
127:
121:
118:
115:
109:
105:
99:
95:
91:
87:
83:
69:
65:
62:
59:
55:
52:
49:
45:
41:
36:
19:
740:Zhangjiagang
714:
640:
557:Baotou Steel
413:. Retrieved
409:
386:. Retrieved
382:
361:
350:
300:product line
297:
288:
284:
269:
265:ThyssenKrupp
262:
255:
218:Zhangjiagang
213:
209:
205:
201:
200:
90:Zhangjiagang
85:Headquarters
47:Company type
112:Area served
729:Categories
415:2017-07-04
388:2017-07-04
342:References
246:brand name
238:production
156:Net income
124:Key people
33:江苏沙钢集团有限公司
308:wire rods
302:includes
290:Co. Ltd.
715:Category
599:Hansteel
294:Business
272:Huaigang
258:Renminbi
214:Shasteel
57:Industry
324:private
252:History
222:Jiangsu
190:Website
139:Revenue
98:Jiangsu
75: (
67:Founded
18:Shagang
544:(51%)
314:, and
94:Suzhou
312:slabs
304:rebar
242:sales
226:China
117:China
104:China
61:Steel
240:and
77:1975
70:1975
278:as
212:or
96:),
731::
408:.
397:^
381:.
370:^
310:,
306:,
224:,
220:,
208:,
204:,
101:,
449:e
442:t
435:v
418:.
391:.
92:(
79:)
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
