China’s rapid and unparalleled modernization of its economy and infrastructural development have made it the world’s largest producer and consumer of steel. As of 2020, with 57% of global production, China not only stood as the biggest steel producer but became the first country to have produced one billion tons of steel.
Naturally, China is home to the best steel manufacturing companies in the world. At Camasteel, we’ve been in collaboration with some of those top brands for years as we serve our international clients.
Here are the best 4 steel manufacturing companies in China:
1. Angang Steel Company
Angang Steel, often referred to as Ansteel, is the 2nd largest steel producer in Mainland China. As of 2021, the company had an annual production capacity of 26,470,000 tons of steel and 24,800,000 tons of rolled steel with $21.2 billion in revenue.
Ansteel’s most popular products include heavy rails, wire rods, cold-rolled sheets, billets, coating plates, thick plates, and Steckel coiled plate.
2. Baosteel Group
Baosteel ranks 21st among the overall top 500 Chinese enterprises and 6th in the manufacturing enterprises category. As of 2021, the company generated over $54.4 Billion in revenue with record-breaking profits and steel production.
Baosteel’s popular products include carbon steel, die steel, stainless steel, bearing steel, cold-rolled steel, hot-rolled wear-resistant steel, automobile sheets, high magnetic induction, and oriented electrical steel.
3. HBIS Group
Hesteel Group Company Limited is one of the biggest Chinese conglomerates in the steel manufacturing industry. HBIS ranks 2nd in the global crude steel production while maintaining its position in the Global 500 for 13 consecutive years – currently at rank 200. Its 2021 revenue exceeded $54.5 billion with steel production exceeding 43.85 million tons.
Its main products include electrical steel, checkered steel strip, low carbon steel, high carbon steel, hull structure steel, pipeline steel, automobile steel, weather-resistant steel, gas cylinder steel, and high strength low alloy steel.
4. Shougang Group
Shougang Group Steel Company in China
Shougang Group is the 411th best company in the global 500 and has managed to stay on the list for 10 straight years. By 2020, its annual revenue soared past $30 billion and annual steel production exceeded 34 million tons.
It’s popular for manufacturing some of the best heavy plates, cold-rolling coils, best hot-rolling coils, electric steel, and long steel products in the industry.
Where to buy the best Steel in China?
Small orders may be sought out domestically, but for bulk orders of Steel, the best practice is to import directly from manufacturers for cost savings and guarantees of issuing certificates.
Camasteel is a regular provider of steel products from all the top Chinese brands mentioned above and more. Feel free to contact us 24/7 for your bulk orders, discuss and verify your requirements with an expert, and get a free quotation.
At Camasteel, we provide plenty of information to help our customers navigate with their import process and have experts at hand to help with all their needs. You can collect insights about our company on our Linkedin page and other social media such as facebook. You can find out more about international trade and different steel products, along with how to buy them and their different uses on our blog, which we post on regularly. You can also head over to our youtube channel and watch content such as this video!
It is imperative that all those who hope to import from chinese steel manufacturers must remember the key rise-control points to avoid loss and ensure value across the transaction. Our videos will help you to learn more about the steel products, the international trade and how to buy the steel product.
Good luck during your next International trade!