- CEO
- Hong Jian Qian
- Full Time Employees
- 4,788
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- Shagang Building Zhangjiagang JS China 215625
- IPO Date
- Oct 8, 2006
- Business
- Jiangsu Shagang Co., Ltd. (002075.SZ) is a China-based company principally engaged in the development, smelting, processing, and sale of ferrous metal products, including high-quality special steels such as spring steel, gear steel, bearing steel, wheel steel, axle steel, anchor chain steel, non-quenched and tempered steel, high-pressure boiler pipe steel, high-quality carbon steel, and alloy structural steel; thick plates, hot-rolled plates, cold-rolled plates, ultra-thin strips, high-speed wire rods, coiled wire rods, and ribbed steel bars under the Shagang brand; as well as by-products like finely ground slag powder and slag cement. The company also conducts steel trade; installation, construction, and decoration services; sales of gasoline, diesel, and lubricating oils; material acquisition; pellet processing; transportation; recycling of renewable resources; real estate development and sales; and asset management and investment management activities. Founded in 1970 and headquartered in Zhangjiagang, China, it operates primarily in the steel industry with products serving aerospace, marine engineering, high-rise buildings, bridges, pipelines, petrochemicals, automobiles, home appliances, food packaging, construction, automotive, machinery, energy, rail transit, mining, and shipbuilding sectors, exporting to over 90 countries and regions in Southeast Asia, Europe, North America, South America, Oceania, and Africa. Recent developments include the acquisition of Yinglun Machinery by its parent Jiangsu Shagang Group in March 2024; Huaigang's completion of purchasing 1.385 million tons of ironmaking capacity index in 2025; a blast furnace revamp contract awarded to Danieli Corus in 2022; and various internal management system revisions in October 2025, alongside ongoing investments in capacity expansion and diversification into resources, energy, and new energy sectors.