SHANGHAI Jan 31 China's steel industry is the
biggest in the world, accounting for about 47 percent of global
production in 2012.
The country's crude steel output increased 3 percent to 717
million tonnes in 2012 from the previous year, according figures
from the National Bureau of Statistics.
Global crude steel production hit a record last year but the
annual rate of growth fell shortly. Global output hit 1.548
billion tonnes in 2012, up 1.2 percent from 2011, according to
data released by the World Steel Association.
Following is a list of China's biggest steel mills by output
in 2012. Output at most mills declined from the previous year,
according to data from industry consultancy Custeel, citing the
China Iron & Steel Association.
The combined output of the top 10 steel mills accounted for
45.9 percent of the nation's total production in 2012, down from
48.4 percent in 2011. Beijing aims to bring about 60 percent of
total steel capacity under the control of its top 10 steel mills
1. HEBEI IRON & STEEL GROUP, 69.23 million tonnes, down 2.8
percent. The firm, created from a merger of several large mills
in the steel heartland of Hebei province.
2. ANSHAN IRON & STEEL GROUP, 45.32 million tonnes, down 2
percent. Anshan Steel, a dominant player in the sector for more
than 60 years, has remained in second place since 2011.
3. BAOSTEEL GROUP, 42.70 million tonnes, down 1.5 percent.
The Shanghai-based company is moving some of its operations from
its home city and shut down one unit last year. It aims to
complete construction of the 10-million-tonne-per-year Zhanjiang
steel project in southeast coastal Guangdong province by 2015.
4. WUHAN IRON & STEEL GROUP, 36.42 million tonnes, down 3.3
percent. The company received approval in 2012 to build a new
9.2-million-tonne-per-year steel production base at the
Fangchenggang port in the southwestern region of Guangxi.
5. SHAGANG GROUP, 32.31 million tonnes, up 1.2 percent.
China's biggest private steel firm, based in the Yangtze River
delta near Shanghai. Its pricing of rebar used for construction
is widely watched by market participants.
6. SHOUGANG GROUP, 31.42 million tonnes, up 4.6 percent. The
company, formerly based in Beijing, has moved its main
operations to the port of Caofeidian in Hebei.
7. SHANDONG IRON & STEEL GROUP, 23.01 million tonnes, down
4.2 percent. The group was formed from the merger of state-owned
Jinan Steel and Laiwu Steel, and has also taken over privately
owned Rizhao Steel.
8. MAGANG GROUP, 17.34 million tonnes, down 9.6 percent.
Maanshan Steel is the biggest steelmaker in eastern China's
Anhui province and has a big market share for its steel wheels
and section products used for trains and railways.
9. TANGSHAN BOHAI STEEL GROUP, 17.32 million tonnes, up 1.8
percent. Tangshan Bohai is an emerging private consortium in
Hebei and was officially approved at the beginning of this year.
It was set up by combining several small, private mills in
response to Beijing's attempts to consolidate the sector.
10. HUNAN VALIN IRON & STEEL GROUP, 14.11 million tonnes,
down 11 percent. Valin became the only Chinese state-owned steel
mill with foreign ownership after ArcelorMittal bought a stake
in its listed unit.
(Compiled by Ruby Lian and Fayen Wong; Editing by Ken Wills)