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Maanshan Iron & Steel Co., Ltd. · Ma'anshan, Anhui China ·(Pink Sheets: MAANF)(Shanghai: MISCF)

Company Description

No 8 Hong Qi Zhong Rd.
Ma'anshan, Anhui
24300-3
China (Map)
Phone: +86-555-288-8158
Fax: +86-555-288-7284
    Maanshan Iron & Steel (or Masteel) is among China's largest steel producers. The company turns out 14 million tons of steel products annually, more than 90% of which is sold domestically. Its H-beams, plates, wheels, and wire rods are exported to nearly 50 countries worldwide, though. Masteel's plate and structural products are used by the automotive and construction industries primarily; it also makes wheels for locomotives. It operates five steel manufacturing facilites, all in China. Formerly a subsidiary of Magang Holding Company, Masteel was spun off in 1993. To read the full description, subscribe now.
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    Key Maanshan Iron & Steel Co., Ltd. Financials

    Company TypePublic - Pink Sheets: MAANF - Shanghai: MISCF

    Headquarters
    2008 Sales (mil.)$10,396.8
    2008 Employees43,014

    Maanshan Iron & Steel Co., Ltd. Executives

    10 executives listed for Maanshan Iron & Steel Co., Ltd.'s Ma'anshan, Anhui location.
    TitleName & BioContact
    Deputy General Manager and Chief EngineerShi XiongliangNetwork
    Deputy General Manager and SecretaryGao HaijianNetwork
    Investor RelationsRaymond SiuNetwork

    Competition

    Competitive Landscape for Maanshan Iron & Steel Co., Ltd.
    Demand comes largely from the manufacturers of durable goods like motor vehicles, machinery, containers, and construction steel. The profitability of individual companies depends largely on efficient operations, because most products are commodities sold based on price. Big companies have large economies of scale in production. Accordingly, most producers of secondary products buy raw metal from the large producers. Small companies can compete by operating efficient local mini-mills or producing specialty products. The industry is capital-intensive: average annual revenue per worker is close to $300,000. To read the full description, subscribe now.
    Top Maanshan Iron & Steel Co., Ltd. Competitors
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