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Magang (Group) Holding Company

Maanshan Iron and Steel
Company nameMagang (Group) Holding Company Limited
Company typeState-owned enterprise
IndustrySteel manufacturing
HeadquartersMaanshan, Anhui
Area servedPeople's Republic of China
Key peoplePresident: Mr. Gu Jianguo
Party secretary: Mr. Gu Zhanggen
SubsidiaryMaanshan Iron & Steel Company

     Home | Company | Maanshan Iron and Steel

Magang (Group) Holding Company Limited, or Masteel, is one of the largest iron and steel enterprises in Mainland China headquartered in Maanshan, Anhui Province. It gained the fame of "a flower of Jiangnan" (South part of Yangtze River in Chinese language).

Masteel was founded in 1958 from Maanshan Iron Mining Plant. In 1993, it split into Magang Holding Company (the name was changed into Magang (Group) Holding Company Limited in 1998) and Maanshan Iron & Steel Company Limited. At the same year, it was listed on the Hong Kong Stock Exchange and Shanghai Stock Exchange.

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