Headquartered in Chaoyang District in Beijing, China, General Steel Holdings continues to operate several companies that are engaged in the production of various steel products. The company is publicly traded on the New York Stock Exchange and is the only China-based iron and steel company. Common stocks are marketed under the symbol GSI.
The operations of the company are focused in four regions in the People’s Republic of China. In Shaanxi province, they have the Longmen Join Venture, in Tianjin City the General Steel; Baotou Steel Pipe Joint Venture is in Inner Mongolia and in Guangdong province, they have Maoming Hengda. These businesses continue to process and manufacture various types of steels, which include hot-rolled sheets, high-speed wire and reinforced bars (rebar). Additionally, they also maintain controlling interests in other steel-related subsidiaries and one Internet of Things (IoT) technology.
The production capacity of the company is estimated to be around 7 million metric tons of crude steel. It stands as one of the leading non-state-owned steelmakers in China. It continues to expand its operations through organic growth and strategic acquisition. It has created strong ties with several original equipment manufacturers (OEMs) who continue to advocate the quality of steel they produce. In addition to the quality of their products, the company is also best known for tailoring their solutions to the unique needs of their business partners.
General Steel Holdings, through its subsidiaries, continues to supply the global demand for steel. Its vast amount of resources allows the company to support the global needs for the compound. The business competes against Steel Co., Ltd., Guangdong Shao Guan Iron and Steel Group, Gansu Jiuquan Iron and Steel Co., and Shanxi Haixin Iron and Steel Co., Ltd. The company remains to be one of the components of the Wilshire 5000 Index and provides thousands of jobs to the Chinese.
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