Jiangsu Shagang Group Co., Ltd., one of the top ten brands of steel, began in 1975, a Fortune 500 company, committed to the field of steel production, focusing on wide and heavy plates/coils/wire rods/steel bars/special steel bars, etc
Shagang Group is headquartered in Zhangjiagang, an emerging port industrial city on the shore of the Yangtze River, with Shanghai in the east, Suzhou and Wuxi in the south, Changzhou in the west, and the Yangtze River in the north.
At present, Shagang Group has total assets of more than 150 billion yuan and more than 30,000 employees. The leading products of shagang are wide and heavy plates, hot-rolled coils, cold-rolled coils, high-speed wire rods, large coiled wire rods, ribbed steel bars, special steel bars, etc., which have formed more than 60 series, more than 700 varieties and more than 2,000 specifications. Among them, high-speed wire rods, ribbed steel bars and other products have won the titles of "Golden Cup Award for Physical Quality Reaching International Advanced Level" and "National Customer Satisfaction Products". The ribbed steel bars have also obtained CARES certification, the hot-rolled coil has passed the EU CE certification, and the ship plate steel has passed the certification of the ten national classification societies. In recent years, shagang products have been exported to more than 80 countries and regions in East Asia, South Asia, Europe, America, Oceania, Africa and so on.
In 2016, shagang overcame severe challenges such as increasing macroeconomic downward pressure, serious overcapacity of steel, weak growth of steel demand, and the industry entering the era of low profits, and completed a total of 30.2 million tons of ironmaking, 33.25 million tons of steelmaking, and 32.54 million tons of rolled products, achieving sales revenue of 198.3 billion yuan and profits and taxes of 7.95 billion yuan.
Under the guidance of the strategy of "refining and strengthening the main steel industry, making modern logistics bigger and better, and doing a good job in the non-steel industry", all cadres and workers of Shagang have united and worked hard, and the competitive advantage and strength of the enterprise have been growing. In 2016, shagang ranked 69th among the top 500 Chinese enterprises and 22nd among the top 500 manufacturing enterprises in China, and has been among the top 500 enterprises in the world for eight consecutive years.
In the future, in the face of the steel industry entering the "new normal", Shagang Group will be guided by the spirit of the 18th National Congress of the Communist Party of China, conscientiously implement the relevant national policies on the development of the iron and steel industry, take "transformation, innovation and promotion" as the guide, take quality, efficiency and effectiveness as the center, reduce expenditure, innovate and tap potential and increase efficiency as the starting point, adhere to innovation-driven, strengthen brand building, accelerate technological progress, build a green steel city, promote intelligent manufacturing, implement diversified development, adhere to fine management, and continue to improve the comprehensive competitiveness of enterprises. The century-old factory has laid a solid foundation and made new and greater contributions to the construction of a strong steel country.
