Jiangsu Shagang (002075) Stock Overview

Jiangsu Shagang Co., Ltd. engages in the development, smelting, processing, and sales of ferrous metal products in China and internationally. Its products mainly include 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, alloy structural steel, and other high-quality special steel products. The company also provides thick plates, hot rolled plates, cold rolled plates, ultra-thin strips, high-speed wire rods, coiled wire rods, ribbed steel bars, etc. under the Shagang brand. Its products are used in aerospace, marine engineering, high-rise buildings, bridges, pipelines, petrochemicals, automobiles, home appliances, food packaging and other industries. In addition, the company engages in the production and sells finely ground slag powder and slag cement; steel trade; installation, construction, and decoration services; sales of gasoline, diesel, and lubricating oils; material acquisition; pellet processing; transportation; and recycling of renewable resources. Further, it is involved in the real estate development and sales; and asset management and investment management activities. The company exports its products to 90 countries and regions in Southeast Asia, Europe, North America, South America, Oceania, and Africa. The company was formerly known as Jiangsu Huaigang Group Co. Ltd. Jiangsu Shagang Co., Ltd. was founded in 1970 and is headquartered in Zhangjiagang, China.