Sinosteel is one of top steel state-owned supplier in China which operated 15 million metric tons of steel products in 2007 covering full categories of steel. There are 76 subsidiaries under the administration of Sinosteel, among which 53 are in China and 23 abroad. Besides steel products ,sinosteel is also engaged in the raw material supplier and sales-agent for major Chinese steel mills, some of which Sinosteel has entered into long-term strategic partnership. Its trading transactions in iron ore, chrome ore, DRI, fluorspar, coke, manganese ore, scrap, magnesite and rare earth are in the leading position in China, which lay important influence in steel industry.
