| [REDACTED] | |
| Company type | Private |
|---|---|
| Traded as | SSE: 000593 |
| Industry | steel |
| Founded | 1992; 33 years ago (1992) |
| Headquarters | Nanshimen, China |
| Area served | East and Southeast Asia, Europe |
| Key people | Ding Liguo (CEO) |
| Revenue | US$33.5 billion (2023) |
| Number of employees | 46,403 (2023) |
| Website | delongsteel |
![[REDACTED]](https://u3vuiephb.global.ssl.fastly.net/File:Delong_Steel_logo.jpg){kind=link}
| Delong Steel | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Traditional Chinese | 德龍鋼鐵有限公司 | ||||||||
| Simplified Chinese | 德龙钢铁有限公司 | ||||||||
| Literal meaning | Benevolent Dragon Steel | ||||||||
| |||||||||
The Shanghai Delong Steel Group Co., Ltd (Chinese: 德龙钢铁, tuh-lung), known as Delong Steel, is a Chinese steel company based in Hebei province.
One of the world's largest steel producers, Delong was ranked 12th in the world, producing 27.9 million tonnes of steel in 2022. Forbes ranked it as the world's 451st largest company, with annual revenues of over US$33 billion.
History
The company was founded in 1992 as Teamsphere Ltd., becoming Delong in 2000. Evraz acquired a minority share in 2008, which it sold to Best Decade Holdings Ltd. in 2018.
One of their plants in Xingtai produces 3 million tonnes per annum.
In 2020, the company opened a steel history museum in Xindu, Xingtai. Delong has also opened the Delong Steel Art Park in Laoting County.
Delong produces high-quality carbon structural steel, low-alloy high-strength structural steel, hot-rolled coils, and special steel plates for pipelines. In 2022 it was first listed in the Fortune Global 500 and announced plans for a plant in Zimbabwe.
See also
References
- "China shares steelmaking wisdom via BRI". www.chinadaily.com.cn.
- "Top Producers".
- "Shanghai Delong Steel Group | 2023 Fortune Global 500". Fortune.
- "Evraz selling 15% stake in Delong for US$91.7M". www.spglobal.com.
- "印尼德信钢铁一期扩建项目竣工投产". 人民号. September 20, 2023.
- "Steel company factory area in N China's Hebei turns into tourist attraction - People's Daily Online". en.people.cn.
- Fern, Wang (August 9, 2021). "Delong Steel Co., Ltd".
- "History Delong Steel historic company profile". www.steelonthenet.com.