Top Ten Iron and Steel Groups in China

The top ten iron and steel groups in China are ranked as follows:

1, Baowu Iron and Steel Group

2. Shagang Group

3. Hegang Group

4. Angang Group

5. Shougang Group

6. Taigang Group

7. Shangang Group

8. Maanshan Iron and Steel Group

9. Valin Iron and Steel Group

10, Benxi steel group

Influence of Iron and Steel Industry on China

Iron and steel industry is an important pillar industry of China's national economy, and it is also an industry with high energy consumption and high carbon emission. In recent years, with the increasingly severe resource constraints and environmental constraints, it is extremely urgent to explore the green and low-carbon development path of the steel industry. In order to realize green and low-carbon development, China iron and steel enterprises have explored a high-quality development path of deep decarbonization by strengthening technological innovation, innovating production technology and developing circular economy in this decade.

From the overseas layout, it can be seen that both the implementation of the "Belt and Road Initiative" and the full swing of "building factories overseas" indicate that the steel industry has developed into a global industry. The "going out" of China iron and steel enterprises is not only the general trend, but also an important way for enterprises to continuously expand their scale and realize sustainable development.