Angang Steel Company Limited known as Angang Steel or Ansteel is a joint-stock limited company parented by Anshan Iron and Steel Group, which is supervised by the

State Council of the People's Republic of China The State Council, constitutionally synonymous with the Central People's Government since 1954 (particularly in relation to local governments), is the chief administrative authority of the People's Republic of China. It is chaired by the p ...

. It is the second largest

steel Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant ty ...

maker in

Mainland China "Mainland China" is a geopolitical term defined as the territory governed by the People's Republic of China (including islands like Hainan or Chongming), excluding dependent territories of the PRC, and other territories within Greater China. ...

. "Angang" is the

pinyin Hanyu Pinyin (), often shortened to just pinyin, is the official romanization system for Standard Mandarin Chinese in China, and to some extent, in Singapore and Malaysia. It is often used to teach Mandarin, normally written in Chinese for ...

transcription of the company's Chinese short name 鞍钢 (''Āngāng'', meaning "saddle steel", because of its close ties to Anshan,

Liaoning Liaoning () is a coastal province in Northeast China that is the smallest, southernmost, and most populous province in the region. With its capital at Shenyang, it is located on the northern shore of the Yellow Sea, and is the northernmost ...

). Ansteel is engaged in producing and selling steel products as

billets A billet is a living-quarters to which a soldier is assigned to sleep. Historically, a billet was a private dwelling that was required to accept the soldier. Soldiers are generally billeted in barracks or garrisons when not on combat duty, alth ...

, cold rolled sheets, color coating plates, wire rods, thick plates and heavy rails. It was incorporated in 1997 when Anshan Iron and Steel injected its cold rolling, wire rod, and thick plate operations into Ansteel. Ansteel is headquartered in Anshan.Ansteel Company Description
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References

{{authority control Companies formerly in the Hang Seng China Enterprises Index Companies listed on the Hong Kong Stock Exchange Companies listed on the Shenzhen Stock Exchange Companies established in 1997 Steel companies of China Government-owned companies of China Companies based in Liaoning 1997 establishments in China Anshan