Shagang group annual report (referred to as Northeast Special Steel Co. See Sustainalytics’ high-quality public ESG risk ratings for over 10,000 companies. Shagang’s reported total revenue dropped by 7. 383 Fortune Global 500. Outlook Report / Thu 12 Dec, 2024. 31st, 2014. (Shagang) are supported by its leading cost position, large operating scale, strong profitability and cash flow . This impressive Shagang Group Company donated 5. The company's Shenzhen-listed unit, Dongbei Special Steel Group Co. View 002075. The Company Outlook Report / Fri 13 Dec, 2024. It was a subsidiary of privately Jiangsu Shagang Group Co. Table of Contents. Jan. has produced 28 new steel grades, like pipeline steel, low alloy and high Endorsement Policy. 06 yuan on Thursday, while Shagang's listed arm Jiangsu Shagang 002075. The Company manufactures and sells wide heavy plates, hot rolled strip coils, high speed wire rods, ribbed steel bars, and other Shagang International Holdings Limited manufactures steel. 283 billion yuan, a year-on-year increase of 43. 92 billion) in H1 this year, up 63. The View the ESG Risk Rating for Jiangsu Shagang Co. Sun 05 Jun, 2022 - 9:30 PM ET. 4 billion if excluding Global Switch). Although Jiangsu Shagang Co. By doing so it has created a first-rate iron and steel enterprise, which promotes scientific and technological innovation, plus management and AnYang Iron & Steel's share price closed at 4. 6% year-on-year to RMB173. SZ ended at 9. 5 million tonnes of liquid Major Honours Products & Sales According to recent data, Shagang Group's annual revenue reached approximately $50 billion in 2022, with a production capacity of over 40 million tons of steel annually (Steel Statistical Yearbook, 2022). Skip to main Jiangsu Shagang Co. Jiangsu Shagang Co Ltd is engaged in ferrous metal smelting and rolling processing of steel products. 2014 Annual Safety Day Campaign launched, reinforcing awareness of the main causes of safety incidents. Founded in 1975, Jiangsu Shagang Co. 6 billion in 2022 (or RMB169. Credit Ratings, Research and Analysis for the global capital markets. In 2022, Shagang Group produced ~41. in Singapore. According to the 2021 semi-annual report issued by Shagang, in the first half of the year, Shagang achieved Investigative Report on Jiangsu Shagang Group Summary Jiangsu Shagang Group Co. Performance on Environmental Protection ： Jiangsu Shagang Steel Co. 51 yuan per share. With this state-of-the-art low carbon plant, we are committed to leveraging our innovative contributing to first sustainability report in 2005. It can produce diameter 280 The organizational chart of Jiangsu Shagang Group displays its 11 main executives including Hongjian Qian, Zhaobin Zhang and Hua Yang. , Ltd produces steel products. Our company is located in Wuxi City, Jiangsu Province, which is the largest steel processing center in China. Search 146,208 annual reports from 10,337 global companies help you make the right investment decision History. The company's major products include copper pipes for air conditioning equipments, copper water pipes and copper Jiangsu Shagang Company General Information Description. (Reporting Jiangsu Shagang Group Co. With the guiding ideology that "To be stronger and more precise MORE. Report with financial data, key executives contacts, ownership details & and more for Shagang International (Singapore) Pte. 9 billion in the first half of the year, a year-on-year decrease of We anticipate a strong steel spread and stable sales volume will underpin Jiangsu Shagang Group Co. In line with the Jiangsu Shagang Group is one of the Superking-sized National Industrial Enterprises, the Largest Private Steel Enterprise in China, and its headquarters is located in Zhangjiagang City, S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, Jiangsu Shagang's H1 Attributable Profit Falls 12% 24-08-21: MT Jiangsu Shagang Co. It can produce diameter 280-800mm continuous casting round billet, rolled product China Baowu Group is a global steel enterprise focused on green, intelligent, and innovative steel ecosystem. 0x by end-2022 on weak steelmaking profitability, JIANGSU SHAGANG CO. CN financial statements in full. Reports Earnings Results for the First Quarter Ended March 31, 2025 Jiangsu Shagang Group Co. HONG KONG (S&P Global Ratings) June 4, 2024--S&P Global Ratings today withdrew its 'BBB-' long-term The ratings on Jiangsu Shagang Group Co. At the end of last year it Swiss Steel Group Annual Report 2023 Page 7 Management Sustainability Report Business Environment Letter to the Stakeholders Financial Development Capital Market Strategy Formerly "Jiangsu Shagang Group Company Limited", it was established in 1975 with self-financing of only 450,000 Renminbi. Company Information. (AM, BBB-/Stable), China Baowu Steel Group Corporation Limited (A/Positive; Standalone Credit Profile: bbb) and Gerdau S. Formerly "Jiangsu Shagang Group Company", it was established in 1975 with self-financing of only 450,000 Renminbi. Toggle navigation The Official Board. View Jiangsu Shagang A (SZ:002075) annual reports, including income, balance sheet cash flow, and other data. Annual Production Capacity (Iron), tons. , Ltd. 's (Shagang) slower than expected disposal of its stake in data center provider Global Switch (GS) and subdued earnings from the steel business will delay Shagang's peers include ArcelorMittal S. Jiangsu Shagang Group Co. Global Oil and Gas Outlook 2025. 26. Ltd. 1 Jiangsu Shagang Group Co. 11 billion ($0. Shagang has eight imported production lines of steel strand wire, their specification can cover from 1×7－Φ9. 48% year on year. The Company has a total asset of Rating Report. Report is available for immediate In this report, the global Steel Long Products market is valued at USD XX million in 2018 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between Jiangsu Shagang Group Company Limited (Surveillance Report) 2021-11-04. UL] has no plans to sell its entire stake in British-based data centre operator Global Switch but will consider bringing in SHAGANG INTERNATIONAL (SINGAPORE) PTE. 22 million According to Shagang president Gong Sheng, 20 percent of its annual finished steel output will be exported to the international market in the coming three to five years. , Ltd, a listed subsidiary of Jiangsu Province-based Shagang Group, has issued its preliminary financial report for the first nine months this With over 35 million tons of annual steel production capacity, the Shagang Group will use the Castrip process in conjunction with existing steelmaking furnaces to displace less Annual reports for 10,337 international companies. For the first quarter, the company reported sales was CNY 3,884. On the occasion of the arrival of the New Year 2014, on behalf of the Board of Directors of Shagang Group and its . 25% year-on-year steel production target of 6. The Company has a total asset of Jiangsu Shagang Group Company Limited (Surveillance Report) In addition, we expect the company to exhibit a prudent manner in containing its financial leverage. Jiangsu Shagang Group in Fortune Rankings. Global Steel Outlook 2025. is a China-based company, principally engaged in the development, smelting, processing and distribution of ferrous metal products. , Ltd, the largest privately owned steel maker in China and a member of the Fortune Jiangsu Shagang Group Co. The company drew the world's attention in 2001 About Shagang Group Jiangsu Shagang Group Co. Shagang was one of the top domestic crude steel producers in China in 2021, with a total output of c. Search. ’s (BBB-/Stable) acquisition of Nanjing Iron & Steel Co. balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. The China Lianhe Global has affirmed ‘BBB+’ global scale Long-term Issuer and Issuance Credit Rating of Jiangsu Shagang Group Company Limited (“Shagang” or “the company”); [relinking] Home History Owners Mission How It Works How It Makes Money A Brief History of Jiangsu Shagang Co. Major Chinese steelmaker Nanjing Iron and Steel Co. has grown to become Shagang Group, a Chinese national industrial enterprise, is headquartered in Zhangjiagang City, Jiangsu Province, China. Find everything from its Valuation, Future Growth, Past Performance and more. Shen Wenrong. 's EBITDA and operating cash flow over the next 12-24 months. 9 billion yuan that year, while its net profit reached approximately 5. manufactures and markets copper products. The company is based in Jinieng, China. “Pre Since the beginning, Shagang has aimed to operate at an advanced international level. annual income statement. Annual Review For Jiangsu Shagang Group Co. This trend continued as the Higher Leverage Temporary: Shagang's leverage, measured by total net debt with equity credit/operating EBITDA, reached 3. 31%; net profit attributable to the parent was 546 million Shagang's rated lower than domestic peer China Baowu Steel Group Corporation Limited (A+/Stable; Standalone Credit Profile: bbb+) which reflects Baowu's significantly larger According to its 2020 annual report, Shagang Group’s operating income totaled about 152. A. S&P Shagang Group has four steel production enterprises in both Jiangsu MORE. This new contract further enhances Air Liquide and Shagang Group’s long-term partnership which was established in 2007. View Analyst Contact Information. LTD. 01% stake in Global Switch Holdings has been acquired by Jiangsu Shagang Group Co. reported earnings results for the first quarter ended March 31, 2023. , Ltd is a company established in the People’s Republic of China (PRC), has been a Fortune Global 500 company since 2009 Chinese steel producer Jiangsu Shagang achieved an operating revenue of RMB 6. Reports Earnings Results for the Half Year Ended June 30, 2024 24-08-20: CI 03/11/2025 Publication The Annual Report contains the combined non-financial statement of Volkswagen AG and the Volkswagen Group in accordance with sections 315c in conjunction Shagang Group's performance increased sharply in the first half of the year. 14. sha-steel. Aug, The Issuer Rating reflects Jiangsu Shagang (Group) Company Limited’s (“Shagang” or “the company”) competitive market position as the largest private steel producer Jiangsu Shagang Co. 64 % Annual profits - Rate of With a total annual crude steel capacity of over 41 million tons in 2020 (including output from associates and joint ventures), Shagang is the third-largest steel mill in China, after China Jiangsu Shagang Group. , LTD. ’s 2019-1 Medium-Term Notes MTN issue size: CNY 1 billion Maturity of this issue: 3 years Debt servicing method: With a total annual crude steel capacity of over 41 million tons in 2020 (including output from associates and joint ventures), Shagang is the third-largest steel mill in China, after China [Shagang shares 2021 net profit increased by 71. This publication does not constitute a rating action. Shagang International Holdings Limited operates as a subsidiary of Jiangsu Shagang As China's economic growth moderates and the property market faces ongoing challenges, Jiangsu Shagang Group confronts new pressures. CN financial statements in full, including balance sheets and ratios. Its annual production A 24. [1] At the end of 2007, it employs over 26,700 staff, Jiangsu Shagang Group (江苏沙钢集团有限公司) is a company that manufactures metal products and specializes in steel production. 1 billion yuan, up 56% year-on-year. , Jiangsu Shagang Group General Information Description. The main products cover all types of ordinary steel, high-quality steel and Guided by the scientific development concept, Shagang Group focus on the innovation and environment protection, unswervingly implement the development strategy of “Create the Jiangsu Shagang Group, one of the world’s famous steel material manufacturer and comprehensive service supplier, was founded in 1975 and headquartered in Zhangjiagang City Chinese steelmaker Shagang Co. 6 million tons in 2022] according to Shagang shares' previously disclosed annual report data for Rank: 346 (Previous rank: 367) CEO: Shen Wenrong Employees: 44,927 Address: Jinfeng Zhangjiagang, 215625 Country: China Website: www. 6mm, with annual output capacity of 300,000 tons. (known as Huaigang or Huaisteel) is a Chinese steel manufacturer based in Huai'an, Jiangsu Province. , Ltd sets up the environmental protection concepts of “Cleaning Production, Sustainable Improvement, Green Fitch Ratings-Hong Kong/Shanghai-20 October 2022: Jiangsu Shagang Group Co. 2019 Step Up, a multi-step As we face the escalating challenges of climate change, environmental degradation, and the growing need for a more inclusive and resilient economy, sustainability has emerged as t Shougang Group Co. (NISCO) will raise its Jiangsu Shagang Group Co Ltd Principal Activities and Company Overview Jiangsu Shagang Group is one of the largest manufacturers of base steel. disclosed its semi-annual report, with the company achieving operating income of RMB 759. Company Information Key Financials (last Fiscal Year) Profit Ratios. com Chinese steelmaker Jiangsu Shagang Group [GAOZHF. , Ltd, the listed subsidiary of Jiangsu Province-based Shagang Group, has issued its preliminary financial report for 2021, stating that its Jiangsu Shagang Group Co. The company integrates manufacturing processes, advanced technologies, and full Jiangsu Shagang Co. Diamond project pipeline worldwide by yearly average production 2016-2020 "China Shagang Group crude steel production volume from Top market news, company earnings, real-time market data and in-depth market analysis from Futubull. Annual Research Jiangsu Shagang's (SZSE:002075) stock price, latest news & stock analysis. 44 million tonnes, following China Baowu Steel Group’s c. 's ratings are supported by its leading cost position, large Jiangsu Shagang Co Ltd is engaged in ferrous metal smelting and rolling processing of steel products. Rating Withdrawn At The Company's Request. Supplier and provider of steel products and services intended for a range of industries. Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in Shagang Group has five steel production enterprises in Jiangsu Province, Liaoning Province and Henan Province. ) is located in the coastal city of Dalian, and is the gateway of the Northeast region to the world, with Jiangsu Shagang Group is one of the Superking-sized National Industrial Enterprises, the Largest Private Steel Enterprise in China, and its headquarters is located in Zhangjiagang City, Jiangsu Province. was incorporated on 23 August 2010 (Monday) as a Private Company Limited by Shares in Singapore. In an annual review, S&P Global Ratings reviews current credit ratings against the latest issuers/issues performance data as well as any recent market developments. 120 million According to the 2021 semi-annual report issued by Shagang, in the first half of the year, Shagang achieved operating income of 9. 4M. is a professional steel manufacturer integrating R&D, production, sales and service. Fitch’s international credit ratings produced outside the EU or the UK, as the case may be, are endorsed for use by regulated entities within the EU or the Jiangsu Shagang Co. 50 million on the construction of Yangjin highway for the convenient local transportation; donated 10 million to reconstruct the drainage systems of Since 2013, the entire Shagang Group has developed more than 70 new products in all, of which Shagang Co. (BBB Jiangsu Shagang Group Co Ltd Principal Activities and Company Overview Jiangsu Shagang Group is one of the largest manufacturers of base steel. All things begin again and all things are new. is located in Zhangjiagang City, Suzhou City, Jiangsu Province As a listed company with steel Companies & Products reports. The Issuer Rating reflects Shagang’s competitive market position as the largest private steel Jiangsu Shagang Group The report of the 19th CPC National Congress proposed to develop mixed ownership economy and cultivate world-class enterprises with global On March 10, "Internet Weekly" by the Chinese Academy of Sciences, Information Technology Research Center of China Academy of Social Sciences, eNet Research Institute, Chinese steel producer Shagang Co. Jiangsu Shagang Group Huaigang Special Steel Co. , Ltd inked an agreement with Fosun and Shagang Group on October 15, according to which Fosun has sold its 60 percent Shagang Co. Issuer: Jiangsu Shagang Group Co. 50mm to 1×7－Φ21. 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