Handan Iron and Steel Group or Hansteel is a state-owned iron

Iron

Iron is a chemical element with the symbol Fe and atomic number 26. It is a metal in the first transition series. It is the most common element forming the planet Earth as a whole, forming much of Earth's outer and inner core. It is the fourth most common element in the Earth's crust...

 and steel

Steel

Steel is an alloy that consists mostly of iron and has a carbon content between 0.2% and 2.1% by weight, depending on the grade. Carbon is the most common alloying material for iron, but various other alloying elements are used, such as manganese, chromium, vanadium, and tungsten...

 enterprise engaging in the manufacturing

Manufacturing

Manufacturing is the use of machines, tools and labor to produce goods for use or sale. The term may refer to a range of human activity, from handicraft to high tech, but is most commonly applied to industrial production, in which raw materials are transformed into finished goods on a large scale...

, processing

Industrial process

Industrial processes are procedures involving chemical or mechanical steps to aid in the manufacture of an item or items, usually carried out on a very large scale. Industrial processes are the key components of heavy industry....

 and sales

Sales

A sale is the act of selling a product or service in return for money or other compensation. It is an act of completion of a commercial activity....

 of black metal

Black metal (mineralogy)

Black metal can refer to several pure metal elements or mineral ore which, due to their appearance have a darker than usual or even black look.* Black gold* Black silver ore* Black copper ore...

, billet

Bar stock

Bar stock, also colloquially known as billet, is a common form of raw purified metal, used by industry to manufacture metal parts and products....

, steel rolling

Rolling

Rolling is a combination of rotation and translation of that object with respect to a surface , such that the two are in contact with each other without sliding. This is achieved by a rotational speed at the cylinder or circle of contact which is equal to the translational speed...

, carbamide, sintering

Sintering

Sintering is a method used to create objects from powders. It is based on atomic diffusion. Diffusion occurs in any material above absolute zero, but it occurs much faster at higher temperatures. In most sintering processes, the powdered material is held in a mold and then heated to a temperature...

 mineral

Mineral

A mineral is a naturally occurring solid chemical substance formed through biogeochemical processes, having characteristic chemical composition, highly ordered atomic structure, and specific physical properties. By comparison, a rock is an aggregate of minerals and/or mineraloids and does not...

, metallurgical machinery parts and coke

Coke (fuel)

Coke is the solid carbonaceous material derived from destructive distillation of low-ash, low-sulfur bituminous coal. Cokes from coal are grey, hard, and porous. While coke can be formed naturally, the commonly used form is man-made.- History :...

. It was established in 1958 and it is headquartered in Handan

Handan

Handan is a prefecture-level city located in the southwestern part of Hebei Province of China.- History :Handan was the capital of the State of Zhao during the Warring States period , after the capital moved from Zhongmu. The city was conquered by the State of Qin after the virtual annexation of...

, Hebei

Hebei

' is a province of the People's Republic of China in the North China region. Its one-character abbreviation is "" , named after Ji Province, a Han Dynasty province that included what is now southern Hebei...

, China

China

Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...

.

Its subsidiary

Subsidiary

A subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a...

 company, Handan Iron and Steel Company Limited was established in 1996 and listed on the Shanghai Stock Exchange

Shanghai Stock Exchange

The Shanghai Stock Exchange , abbreviated as 上证所/上證所 or 上交所, is a stock exchange that is based in the city of Shanghai, China. It is one of the two stock exchanges operating independently in the People's Republic of China, the other is the Shenzhen Stock Exchange...

 in 1998.

In 2008, Hansteel merged with Tangsteel

Tangsteel

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...

 in Tangshan

Tangshan

"唐山"redirects here. For an alternative name of China, see Names of China#TangTangshan is a largely industrial prefecture-level city in Hebei province, People's Republic of China. It has become known for the 1976 Tangshan earthquake which measured 7.8 on the Richter scale and killed at least...

, Hebei

Hebei

' is a province of the People's Republic of China in the North China region. Its one-character abbreviation is "" , named after Ji Province, a Han Dynasty province that included what is now southern Hebei...

 to form a company called Hebei Iron and Steel Group, which is the fifth largest steel producer in the world.

External links

• Handan Iron and Steel Group Company Limited