Liaoning is a coastal province in Northeast China that is the smallest, southernmost, and most populous province in the region. With its capital at Shenyang, it is located on the northern shore of the Yellow Sea, and is the northernmost coastal province of the People's Republic of China.
Anshan is an inland prefecture-level city in central-southeast Liaoning province, People's Republic of China, about 92 kilometres (57 mi) south of the provincial capital Shenyang. As of the 2020 census, it was Liaoning's third most populous city with a population of 3,325,372 people, over an area of about 9,270 km2 (3,580 sq mi) spanning 133 km (83 mi) from east to the west. Its built-up area encompassing the 4 Anshan urban districts, the 4 out of 5 urban Liaoyang districts and Liaoyang county largely being conurbated, was home to 2,712,789 million inhabitants in 2020.
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit. They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives.
Northeast China is a region of the People's Republic of China. It consists of three provinces, namely Liaoning, Jilin, and Heilongjiang.
China Baowu Steel Group Corp., Ltd., commonly known as Baowu, is a state-owned iron and steel company headquartered in the Baosteel Tower in Pudong, Shanghai, China. The company was formed by Baosteel Group absorbing its smaller state-owned peer, Wuhan Iron and Steel Corporation in 2016. It is the world's largest steel producer.
An ironworks or iron works is an industrial plant where iron is smelted and where heavy iron and steel products are made. The term is both singular and plural, i.e. the singular of ironworks is ironworks.
Before 1800 A.D., the iron and steel industry was located where raw material, power supply and running water were easily available. After 1950, the iron and steel industry began to be located on large areas of flat land near sea ports. The history of the modern steel industry began in the late 1850s. Since then, steel has become a staple of the world's industrial economy. This article is intended only to address the business, economic and social dimensions of the industry, since the bulk production of steel began as a result of Henry Bessemer's development of the Bessemer converter, in 1857. Previously, steel was very expensive to produce, and was only used in small, expensive items, such as knives, swords and armor.
At the time of its founding, the People's Republic of China (PRC) was one of the poorest countries in the world. In the early 1950s, its industry developed rapidly through a state-led process heavily influenced by the Soviet experience. Aiming to close the gap between its political ambitions and its phase of development, China began the Great Leap Forward, which sought to even more rapidly industrialize the country. The effort largely failed, and its policies contributed to famine.
Angang Steel Company Limited known as Angang Steel or Ansteel is a joint-stock limited company parented by Anshan Iron and Steel Group, which is supervised by the State Council of the People's Republic of China. It is the second largest steel maker in Mainland China. "Angang" is the pinyin transcription of the company's Chinese short name 鞍钢.
Panzhihua Iron and Steel (Group) Company Limited, or Pangang, is the state-owned enterprise in Panzhihua, Sichuan, China. It is the largest steel maker in Western China. It is also the largest vanadium product manufacturer in China, and the second largest in the world. It has three subsidiaries listed on the Shenzhen Stock Exchange and they are Panzhihua New Steel and Vanadium, Changcheng Special Steel and Chongqing Titanium. In total, the firm has eight subsidiaries and associates, who are engaged in smelting, processing and distributing iron and steel as well as vanadium products.
Tangshan Iron and Steel Group Company Limited, or Tangsteel, founded in 1943 and headquartered in Tangshan, Hebei, is one of the largest steel manufacturing state-owned enterprise in China. Its subsidiary and listed company, Tangshan Iron and Steel Company Limited was established in 1994 and it was listed on the Shenzhen Stock Exchange in 1997.
China Iron and Steel Association is a national, non-profit organization founded in 1999 on the basis of China Metallurgical Enterprise Management Association. CISA members consist of China’s steel enterprises, institutions, societies and individuals in the iron and steel industry, which participate the organization voluntarily according to certain regulations.
China's steel industry, initially small and hindered by war, expanded rapidly following market reforms in 1978, eventually becoming the world's largest producer. Despite this growth, the industry faced challenges with high debt, market volatility, and environmental pressures. Rising exports from 2023-2024 led to global oversupply, price drops, and tariffs, prompting China to halt new steel mill approvals and encourage overseas investments. China's central government has also worked to phase out unprofitable "zombie" companies while pushing for stricter environmental controls on steel production.
A state-owned enterpriseof the People's Republic of China is a legal entity that undertakes commercial activities on behalf of an owner government.
Benxi Steel Group Corp., Ltd. known as Benxi Steel Group is a Chinese holding company based in Benxi, Liaoning Province, for two steel making group.
The Vietnam War was a major event that shaped the course of the world in the second half of the 20th century. Although it was a regional conflict that occurred on the Indochinese Peninsula, it also affected the strategic interests of the People's Republic of China, the United States and the Soviet Union as well as the relations between these great powers. China, in particular, also played an important role in the Vietnam wars starting from the First Indochina War. China militarily supported North Vietnam by fighting South Vietnam and the United States in the Vietnam War, as well as providing extensive logistical, training, and material aid.
The Magang Constitution, also known as the Ma'anshan Constitution or Ma-steel Constitution, was a set of enterprise management system that was gradually formed in the Soviet Union in the 1950s and 1960s after decades of socialist industrial construction and development and adopted in China. Nowadays, it has been abandoned.
The Angang Constitution, also known as An-Steel Constitution or Constitution of the Anshan Iron and Steel Complex, refers to a set of basic experiences of enterprise management summarized by China's Anshan Iron and Steel Company (鞍山钢铁公司) in the early 1960s. This "Constitution" was formed in 1960.
CN¥73.354 billion (2015)
