- Business
- Gansu Jiu Steel Group Hongxing Iron & Steel Co., Ltd. is a China-based steel producer engaged in the manufacture and sale of carbon and stainless steel products. The company offers high-speed wire rod, deformed bars, medium and heavy plates, hot-rolled coils, cold-rolled coils, galvanized coils, aluminum-zinc coated coils, zinc-aluminum-magnesium coated coils, stainless steel sheets and strips including ferrite, austenite, martensite and duplex varieties, steel billets, coke, chemical products and power; it also provides steel products such as vibration damping plates, alloy coated plates and ferroalloys alongside materials trading services. A subsidiary of Jiuquan Iron and Steel (Group) Co., Ltd., Gansu Jiu Steel Group Hongxing Iron & Steel Co., Ltd. was founded in 1999 and is headquartered in Jiayuguan, Gansu province, China, with primary operations focused on the domestic market particularly in Northwest China and exports to Europe, South Korea, Japan and the United States. The company maintains an annual steel production capacity exceeding 10 million tons through integrated processes encompassing mining, beneficiation, sintering, coking, iron making, steelmaking, hot rolling, cold rolling and stainless steel production utilizing blast furnace-basic oxygen furnace and electric arc furnace technologies. In November 2025, it established a wholly-owned subsidiary with 200 million yuan investment to focus on steel materials, enhancing its operational scope; it also recently provided guarantees for subsidiary activities and convened its 2025 second extraordinary general meeting.