Shanghai Meishan iron and steel co., ltd.
Meigang Company, a subsidiary of Baosteel, is located in the southwest suburb of Nanjing, bordering the Yangtze River Golden Waterway in the north and Ningma Expressway, Nanjing Yangtze River Third Bridge and Ningwu Railway in the east, with very convenient land and water transportation. After 37 years of construction and development, Meigang has formed a modern large-scale iron and steel joint enterprise integrating sintering, coking, ironmaking, steelmaking and hot rolling, with a comprehensive production capacity of 3 million tons of steel. By the end of 2005, the company had a net asset of 9.73 billion yuan and 4,802 employees.