Magang (Group) Holding Company
From Wikipedia, the free encyclopedia
| Magang (Group) Holding Company Limited 马钢(集团)控股有限公司 |
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| Type | State-owned enterprise |
| Founded | 1958 |
| Headquarters |  Maanshan, Anhui, China |
| Area served | People's Republic of China |
| Key people | President: Mr. Gu Jianguo Party secretary: Mr. Gu Zhanggen |
| Industry | Steel manufacturing |
| Products | Steel |
| Subsidiaries | Maanshan Iron & Steel Company |
| Website | Magang (Group) Holding Company Limited |
Magang (Group) Holding Company Limited, or Masteel, is one of the largest iron and steel enterprises in Mainland China headquartered in Maanshan, Anhui Province. It gained the fame of "a flower of Jiangnan" (South part of Yangtze River in Chinese language).
Masteel was founded in 1958 from Maanshan Iron Mining Plant. In 1993, it split into Magang Holding Company (the name was changed into Magang (Group) Holding Company Limited in 1998) and Maanshan Iron & Steel Company Limited. At the same year, it was listed on the Hong Kong Stock Exchange and Shanghai Stock Exchange.
