- CEO
- Wang Huxiang
- Full Time Employees
- 5,204
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- No. 2, Jiangnan Avenue Chongqing CH China 401258
- IPO Date
- Oct 17, 1997
- Business
- Chongqing Iron & Steel Company Limited (601005.SS) engages in the production and sale of steel products in China. The company manufactures a range of steel items including hot-rolled coils, cold-rolled coils, wire rods, sections, heavy plates, and billets; it also provides steel processing services such as slitting, leveling, and cutting, along with coke, iron ore, and related by-products. Chongqing Iron & Steel operates primarily in the steel manufacturing industry, serving domestic markets in construction, automotive, machinery, and infrastructure sectors, with facilities concentrated in Chongqing municipality, China, where it was founded in 1938 and maintains its headquarters. In recent years, the company has undergone significant restructuring amid China's steel industry consolidation, including a 2021 merger with assets from China Steel Group, forming a key part of the state-led efforts to reduce overcapacity and enhance competitiveness; it reported strategic expansions in high-value steel products like automotive-grade sheets and green steel initiatives to meet environmental regulations as of 2024. Additionally, Chongqing Iron & Steel participates in upstream mining and downstream trading through subsidiaries, focusing on sustainable operations across central and western China.