Top 10 Stainless Steel Manufacturers in China in 2024

Over the last few decades, there has been a rapid rise in the number of stainless steel manufacturers in China, which has become one of the biggest exporting countries of stainless steel across the globe. 

Stainless steel is essentially an iron-based high alloy steel, which is a type of special steel. Due to its wide range of applications, it is called the largest special steel.From the perspective of the industrial chain structure, the upstream of stainless steel mainly includes raw material suppliers such as iron ore, nickel metal, chromium metal, and production equipment manufacturers such as blast furnaces, electric arc furnaces, and rolling mills; the midstream mainly includes stainless steel suppliers in China; the downstream application fields mainly include metal processing, machinery manufacturing, petrochemical production, household appliances and other scenarios.

In 2010, China's stainless steel export volume exceeded its import volume for the first time, with a net export volume of 470,000 tons, realizing the role transformation from a net importer of stainless steel to a net exporter. Since 2010, Chinese stainless steel manufacturers have maintained a relatively stable growth, and its proportion of global stainless steel production has continued to increase. As of 2020, stainless steel crude steel production in China accounts for as high as 59% of global production. With the significant reduction in costs, China's impact in the international market has increased, and both output and consumption have remained at high levels.

Today we are going to have an in-depth introduction of the top 10 stainless steel manufacturers in China. Not only do these Chinese manufacturers have the largest sales revenue and production capacity as of the beginning of the new year, they are also widely seen as the most influential and reputable stainless steel suppliers that have made significant differences in the development of the steel industry in China.

Taiyuan Iron & Steel Co., Ltd. (TISCO)

TISCOwas founded in 1934. It has long adhered to the development direction of special steel. As one of the biggest Chinese stainless steel suppliers,it has produced China’s first furnace of stainless steel, the first hot-rolled silicon steel sheet, and the first piece of electromagnetic pure iron. It now has world-class production facilities with molten iron as the main raw material, as well asa full-process stainless steel production line of smelting-refining-continuous casting-hot rolling-cold rolling. TISCO has an annual production capacity of 12 million tons of steel (including 4.5 million tons of stainless steel) and can produce high-quality cold-rolled coils, hot-rolled coils, hot-rolled medium-thick plates, composite steel plates, bars, wire rods, and seamless pipes, welded pipes, precision strips, large castings and other types of carbon steel and stainless steel products, forming a high-efficiency, energy-saving and long-lasting product cluster based on stainless steel, cold-rolled silicon steel, high-strength and toughness series steels, achieving full coverage of stainless steel varieties and specifications. Key products are used in batches in key fields and emerging industries such as petroleum, chemicals, shipbuilding, containers, railways, automobiles, urban light rail, large power stations, etc., with more than 20 varieties ranking first in the domestic market share.

Tsingshan Holding Group Company Limited

Tsingshan Holding Group was founded in 1992. Its business covers manufacturing, sales, warehousing, investment, import and export trade and other fields. This Chinese stainless steel supplier is committed to creating high-quality, low-cost, energy-saving and environmentally friendly stainless steel products. The group mainly produces stainless steel ingots, steel rods, plates, wires, seamless pipes and other products. The products are widely used in petroleum, chemical industry, machinery, electric power, automobiles, shipbuilding, aerospace, food, pharmaceuticals and decoration. As a very mature stainless steel manufacturer in China, it has established three major production bases for nickel-chromium alloy smelting, stainless steel smelting, and steel rolling in Fu'an, Fujian, Lishui, Zhejiang, and Yangjiang, Guangdong. It also owns 47,000 hectares of nickel ore in Sulawesi, Indonesia, and a smelting industrial park of 5,000 hectares of chromium ore and ferronickel in Zimbabwe. A complete industrial chain has been formed from the upstream raw material nickel-chromium ore mining, nickel-chromium ferro smelting, and stainless steel smelting to downstream bar and wire plate processing, steel pipe manufacturing, fine wire processing, transportation and logistics, bulk commodity trading, and international trade.

Angang Steel Group Limited

Being one of the most influential Chinese stainless steel suppliers, Ansteel Group has nine major production bases in Northeast, Southwest, Southeast and South China, with a production capacity of 53 million tons of iron, 63 million tons of steel, 40,000 tons of vanadium products and 500,000 tons of titanium products. It effectively controls the rich iron ore, vanadium and titanium resources located in Liaoning, Sichuan, China and Carrara, Australia, with an annual output of 50 million tons of iron concentrate. Ansteel Group is the world's largest vanadium-producing enterprise and China's largest titanium raw material production base. Its industrial services cover engineering technology, chemical technology, energy conservation and environmental protection, information technology, financial trade and modern service industries. Ansteel Group has 32 overseas companies and institutions, more than 500 domestic and foreign customers and partners, and its product sales cover more than 70 countries and regions around the world, as a Chinese stainless steel supplier to many internationally-renowned enterprises. 

Shougang Group

Headquartered in Beijing, Shougang was founded in 1919 and has a history of more than a century. At present, this stainless steel manufacturer in China has developed into a large enterprise group with the iron and steel industry as the main business sector, and also has engaged in the mineral resources industry, environmental industry, static transportation industry, equipment manufacturing industry, construction and real estate industry, producer service industry, overseas industry and other cross-industry, cross-region, cross-ownership, and multinational industries, including 544 wholly-owned, holding and joint-stock companies, with 94,000 employees. Its total assets rank second among the national steel companies. It has been among the world's top 500 for six consecutive years since 2010. The annual production capacity of finished steel products is more than 3.2 million tons, including 1.2 million tons of ordinary hot-rolled wire rods and 2 million tons of high-speed, twist-free cold and hot-rolled wire rods. The main product is wire rod. It can produce wire products with specifications of ∮5.5-14mm. According to the carbon content, it can be divided into low carbon steel, medium carbon steel and high carbon steel, as well as special purpose steel, including cold heading steel, welding rod steel, prestressed steel bars, spring steel, etc. They can also produce steel window wires, steel wire wires, steel hinge wires, steel nails, welding rods, etc.

Baowu Iron and Steel Group Co., Ltd.

Baowu, as one of the most well-reputed stainless steel suppliers in China, was jointly reorganized by the original Baosteel Groupand Wuhan Iron and SteelGroup. It was inaugurated on December 1st, 2016. China Baowu has a registered capital of 52.79 billion yuan, an asset scale of 739.5 billion yuan, and a production capacity of 70 million tons. It is a pilot enterprise of a state-owned capital investment company. In 2017, China Baowu achieved the best operating performance in China's steel industry, with operating income reaching 400.5 billion yuan and profit reaching 14.27 billion yuan, ranking 204th among the Fortune Global 500. Baowu is committed to building leading advantages in steel production, green development, intelligent manufacturing, service transformation, and excellent efficiency through reform and development, and creating a pattern of coordinated development of new materials, modern trade logistics, industrial services, urban services, industrial finance and other related industries based on the green, high-quality and intelligent steel industry. Eventually, a number of pillar industries and outstanding enterprises with billions of revenue and billions of profits have been formed.

Shandong Iron and Steel Group Co., Ltd.

Shandong Iron and Steel Group Co., Ltd. was incorporated on March 17, 2008, steadily carried out internal substantive restructuring and group operation, and continuously deepened the integration of key resources and core businesses. This Chinese stainless steel supplier has established five business centers of capital, procurement, sales, operation coordination, informatization and steel research institute. Based on the main steel industry, it is committed to producing high-end, high-quality and efficient products. The main steel varieties are medium thick plate, hot rolled sheet coil, cold rolled sheet coil, H-beam steel, special steel, hot rolled ribbed steel bar, etc. It has become a famous production base of medium thick plate and H-beam steel in China. Its products are widely used in automobile, petroleum, railway, bridge, construction, electric power, transportation, machinery, shipbuilding, light industry, home appliances and other important fields, and are exported to the United States, Britain, Germany, India, Japan, South Korea and other dozens of countries and regions. While vigorously developing the main steel industry, it actively develops non-steel industries, and has formed major business segments such as mining, logistics and processing and distribution, finance, real estate, information and engineering technology, and refractory materials.

Jiuquan Iron and Steel Group Co., Ltd (JISCO)

Jisco has strong comprehensive strength, asset scale and annual operating income of more than 100 billion yuan, and has been listed in the top 500 Chinese enterprises and Chinese manufacturing enterprises for many consecutive years. In 2015, it ranked 109th among China's top 500 enterprises and 41st among China's top 500 manufacturing enterprises.Jisco gives full play to its location advantages, regional energy and resource advantages, optimizes industrial structure, realizes transformation and upgrading, and builds a circular economy industry chain with the coupled development of multiple industries such as metallurgy, nonferrous metals, energy and chemical industry.The main business of this Chinese stainless steel supplier has two major production systems of carbon steel and stainless steel, forming an annual production capacity of 12 million tons of steel and 1.2 million tons of stainless steel. The main production equipment has reached advanced level both internationally and domestically, and it is an important production base of carbon steel and stainless steel in northwest China.

Jiangsu Shagang Group Co., Ltd

The headquarters of Shagang Group is located in Zhangjiagang, a new port industrial city on the bank of the Yangtze River, with Shanghai to the east, Suzhou and Wuxi to the south, Changzhou to the west, and the Yangtze River to the north. It is the largest private steel enterprise in China and also the largest private enterprise in China. At present, Shagang Group has total assets of more than 150 billion yuan and more than 30,000 employees. Shagang's main products are wide and thick plate, hot rolled coil, cold rolled coil, high-speed wire, large plate coil, ribbed steel bar, special steel bar, etc., has formed more than 60 series, more than 700 varieties, more than 2000 specifications. In recent years, Shagang products have been exported to East Asia, South Asia, Europe, America, Oceania, Africa and more than 80 countries and regions.

Hesteel Co., LTD.

Hesteel Co., LTD.is a super large steel enterprise formed by the former Tangshan Steel Co., LTD., Handan Iron and Steel Co., LTD., and Chengde Vanadium and Titanium Co., LTD., through the merger and absorption of the stock market. The registered address is Shijiazhuang City, Hebei Province, and it is one of the largest listed steel companies in China. Hesteel has advanced process technology and equipment in the world steel industry, and has a strong foundation for the localization of imported steel and the upgrading of high-end products, and has an annual production capacity of 30 million tons of fine steel, and is also at the world's advanced level in vanadium titanium steel smelting and vanadium product production technology. The products of Hesteel cover important application fields such as automobile, petroleum, railway, bridge, construction, electric power, transportation, light industry, home appliances, etc. More than 200 steel varieties can replace imports, and brand products such as cold-rolled sheet, high-strength threaded steel, wide and thick plates, pipeline steel and special steel bars enjoy a high reputation across the globe.

Shandong Taishan Iron and Steel Group Co., LTD. 

Located in Laiwu District, Jinan City and founded in 1969, Taishan Iron and Steel is a modern enterprise group with stainless steel as the main business, high-quality plates and strips as the main body, integrating new materials, high-end equipment, clean energy, international trade, logistics and transportation, urban heating and other industries simultaneously. This Chinese stainless steel manufacturer has a registered capital of 3 billion yuan and more than 8,000 employees. It mainly produces four series of products: stainless steel cold rolling, stainless steel hot rolling, plain carbon cold rolling, and plain carbon hot rolling. It is an important cold-rolled sheet production base in Shandong Province. Taishan Steel has always followed the factory construction policy of "simple, intensive, efficient and clean" and is committed to building a "green smart city steel factory" that is "resource-saving, environmentally friendly, quality and efficient". Green and low-carbon has become the foundation for the high-quality development of Taishan Iron and Steel in the new era. 

Now you must have a general insight into the top 10 stainless steel manufacturers in China and why they are dominating this industry nowadays. However, there are still many less recognized but reliable stainless steel suppliers in China that are growing rapidly to keep pace with the increasing needs for steel products worldwide. 

Baowu Special steel-ABudegt-friendly Option

As a well-reputed Chinese stainless steel supplier with decades of experience in the steel industry, Baowu Special steel is committed to providing a wide range of stainless steel products for customers worldwide. Based in Jinan, the company has successively invested and built production plants for galvanized color coating, seamless steel pipes, cold-rolled plates and stainless steel products in China. Besides, the company has established long-term good cooperative relations with many of the largest stainless steel suppliers in China including Baosteel, TISCO, POSCO and other major domestic and international steel mills to provide customers with top-class products and services. In addition, the company also set up a number of large warehouses in major domestic ports to ensure fast delivery of goods to customers.

Whether you require stainless steel, carbon steel, painted steel, silicon steel, or aluminum and copper, in the form of plates, coils, pipes, or bars, you can always find a cost-effective solution here. Tostart a trial order, please send an email to 360126266@qq.com.