Hesteel Group

Hesteel Group Company Limited is a Chinese iron and steel manufacturing conglomerate, also known as Hesteel Group or its pinyin shortname Hegang.

The company was also known as Hebei Iron and Steel Group Co., Ltd. or HBIS until 2016 (Chinese: 河北钢铁集团有限公司).

[3] After the announcement of the merger of Baosteel Group and Wuhan Iron and Steel Corporation (WISCO) in September 2016, Baowu Steel Group's pro forma production volume in 2015 would be the second in the world, exceeding Hesteel Group.

However, Hesteel Group, Baosteel Group and WISCO all announced the cut in production capacity, in response to the market demand and government policy, thus the final ranking could not be predicted.

[5] See history of Hesteel Group (Hebei Iron and Steel) since 1918.