Angang New Steel
Encyclopedia
Angang Steel Company Limited is China
's fourth largest steel
producer.
It is engaged in the production and sale of steel
products, such as hot rolled sheets, cold rolled sheets, galvanized steel sheets, color coating plates, silicon
steel, moderately thick plates, wire rods, large steel products and seamless steel pipes. These products are used in automobile
, construction
, ship-building, home electrical appliances, railway construction industries and in the manufacture of pipelines
.
During the year ended December 31, 2006, the Company produced 15.152 million tons of iron and 15.1668 million tons of steel.
During 2006, the Company completed the acquisition
of Angang New Steel and Iron Company Limited (ANSI).
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
's fourth largest steel
Steel
Steel is an alloy that consists mostly of iron and has a carbon content between 0.2% and 2.1% by weight, depending on the grade. Carbon is the most common alloying material for iron, but various other alloying elements are used, such as manganese, chromium, vanadium, and tungsten...
producer.
It is engaged in the production and sale of steel
Steel
Steel is an alloy that consists mostly of iron and has a carbon content between 0.2% and 2.1% by weight, depending on the grade. Carbon is the most common alloying material for iron, but various other alloying elements are used, such as manganese, chromium, vanadium, and tungsten...
products, such as hot rolled sheets, cold rolled sheets, galvanized steel sheets, color coating plates, silicon
Silicon
Silicon is a chemical element with the symbol Si and atomic number 14. A tetravalent metalloid, it is less reactive than its chemical analog carbon, the nonmetal directly above it in the periodic table, but more reactive than germanium, the metalloid directly below it in the table...
steel, moderately thick plates, wire rods, large steel products and seamless steel pipes. These products are used in automobile
Automobile
An automobile, autocar, motor car or car is a wheeled motor vehicle used for transporting passengers, which also carries its own engine or motor...
, construction
Construction
In the fields of architecture and civil engineering, construction is a process that consists of the building or assembling of infrastructure. Far from being a single activity, large scale construction is a feat of human multitasking...
, ship-building, home electrical appliances, railway construction industries and in the manufacture of pipelines
Pipeline transport
Pipeline transport is the transportation of goods through a pipe. Most commonly, liquids and gases are sent, but pneumatic tubes that transport solid capsules using compressed air are also used....
.
During the year ended December 31, 2006, the Company produced 15.152 million tons of iron and 15.1668 million tons of steel.
During 2006, the Company completed the acquisition
Takeover
In business, a takeover is the purchase of one company by another . In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company.- Friendly takeovers :Before a bidder makes an offer for another...
of Angang New Steel and Iron Company Limited (ANSI).