Sinosteel Corporation abbreviated as Sinosteel is a central enterprise under the administration of the State-Owned Assets Supervision and Administration Commission. There are 76 subsidiaries under the administration of Sinosteel, among which 53 are in China and 23 abroad. The revenue from core businesses reaches RMB 61 billion in 2006. Sinosteel is mainly engaged in developing and processing of metallurgical mineral resources, trading and logistics of metallurgical raw materials and products, and related engineering technical service and equipment manufacture. It is a large multi-national enterprise with clear-defined core businesses that integrate resources development, trade & logistics, engineering project and science & technology, equipment manufacturing and specialized service, providing comprehensive auxiliary service for steel industry, especially steel mills. After dozens of years of development, Sinosteel has accumulated strong driving force. Looking into perspective, Sinosteel will fully exert its advantages. The commitment will remain that Sinosteel endeavors to establish a large group enterprise that highlights major specialized operations on the global interface supported by our tech-research dynamics and extensive sales network. With all these missions bearing in mind, Sinosteel strives for a leading company of the circle, highly innovative and well managed, with clear-defined core businesses and efficient global-running system.
