Guangzhou Iron and Steel Enterprise Group Co., Ltd. (hereinafter referred to as "Guangzhou Iron and Steel Group") is a municipal enterprise in Guangzhou. Its predecessor was Guangzhou Iron and Steel Works, and it was put into production on 1958. It once had a steel-making capacity of 5.5 million tons/year, the first bar continuous rolling plant in China, the first listed company in China local iron and steel backbone enterprise, the first thin slab continuous casting and rolling plant in China, the 2030mm cold tandem rolling plant and the hot galvanizing plant for automobile plates. In 2002, 2004, 2007 and 2008, they were ranked among the top 500 Chinese enterprises 102, 80, 209 and 235 respectively.
According to the unified deployment of Guangdong Province, since 2008, enterprises have entered a special stage of Baosteel's reorganization of Guangzhou Iron and Steel Co., Ltd. and Guangzhou Iron and Steel Co., Ltd.' s environmental relocation and construction of Zhanjiang Iron and Steel Project. 20 1 1 In August, Baosteel re-signed and implemented a series of agreements on restructuring Guangzhou Iron and Steel Co., Ltd., requiring Guangzhou Iron and Steel Co., Ltd. to withdraw from its main iron and steel business and implement transformation and development. By the end of 20 13 and 10, Guangzhou Iron and Steel Group had completely shut down its steel enterprises in Guangzhou and entered a new development stage of building a new Guangzhou Iron and Steel Group.
In 20 14, Guangzhou iron and steel group ranked 285th in "Top 500 Chinese Enterprises in 20 15" with nearly 45 billion operating income.