Shandong Iron and Steel Group Co., LTD. (hereinafter referred to as "Shan Steel Group"). Established on March 17, 2008, with a registered capital of 10 billion yuan, it is a wholly state-owned company established by the transfer of state-owned property rights of Jinan Iron and Steel Group Co., LTD. (" Jinan Iron and Steel Group "), Laiwu Iron and Steel Group Co., LTD. (" Laiwu Iron and Steel Group ") and Shandong Metallurgical Industry Corporation. The registered place is Jinan High-tech Industrial Development Zone. It is under the direct supervision of the State-owned Assets Supervision and Administration Commission of the Shandong Provincial People's Government.
Since its establishment, Shandong Steel Group has adhered to the scientific outlook on development, earnestly implemented the national iron and steel industry policies, and formulated and implemented the development strategy of "highlighting coastal areas, optimizing inland areas, emphasizing quality and scale" in accordance with the guidelines of Shandong Provincial Party Committee and provincial government of "asset restructuring, eliminating backwardness, adjusting layout and upgrading grade". Solid implementation of internal substantive restructuring and group operation, continuous deepening of key resources and core business integration, the establishment of capital, procurement, sales, operation coordination, information five business centers and iron and steel research institute, the establishment of a finance company, completed the absorption and merger of Jinan Iron and Steel and Laisteel, the establishment of Shandong Iron and Steel Co., LTD. Substantial restructuring of production, supply and marketing, human resources and property has been realized, and the overall advantages and synergies have been continuously shown. Continue to extend the upstream and downstream industrial chain, extend the upstream to ore resource enterprises, accelerate the integration of large-scale iron ore enterprises in the province, and actively explore the acquisition of foreign iron ore resources. The overseas cooperation of African Mining Tankerili Iron ore project (Sierra Leone) has entered the substantive development and operation stage, which can effectively improve the level of self-owned iron ore resources. Downstream to steel enterprise extension, active construction of steel processing and distribution center. The advantage of being a latecomer is gradually accumulated, and the core competitiveness is further enhanced.
Based on the main steel industry, Shan Steel Group is committed to the production of high-end, high-quality and efficient products. The main steel varieties include medium thick plate, hot rolled plate coil, cold rolled plate coil, H section steel, special steel, hot rolled ribbed bar, etc. It has become a famous production base of medium thick plate and H section steel in China. Widely used in automobile, petroleum, railway, bridge, construction, electric power, transportation, machinery, shipbuilding, light industry, household appliances and other important fields, exported to the United States, Britain, Germany, India, Japan, South Korea and other dozens of countries and regions. While vigorously developing the main steel industry, non-steel industries have been actively developed, and major business segments such as mining, logistics, processing and distribution, finance, real estate, information and engineering technology, and refractory materials have been formed.
