Maanshan Iron&Steel Ltd (MAANF)

Maanshan Iron And Steel Co Ltd Maanshan Iron And Steel Co Ltd was established on September 1, 1993. The Company is an iron and steel producers and marketers in the PRC, and is engaged in the manufacture and sale of iron and steel products. The manufacturing process involves iron-making, steel-making and steel rolling projects. The Company's product is steel products which come in four categories, namely, steel plates, section steel, wire rods and train wheels. Steel Plates: Its products include thin plates and medium plates. Thin plates can be further categorised into hot and cold-rolled thin plates, galvanised plates and coil-coating plates. Hot-rolled thin plates are mostly used in the construction, automobile, bridge-building, machinery businesses and petroleum transportation, while cold-rolled thin plates are used in highgrade light industries, home electrical appliances, and medium and high-grade production of automobile parts. Section Steel: Its products include H-shaped steel and common medium-shaped steel. H-shaped steel is mostly used in construction, steel structures, machinery manufacturing and the construction of petroleum drilling platforms and railways. Wire Rods: Its products include high-speed wire rod materials and hot-rolled reinforcing steel used in armoured concrete. High-speed wire rod products are mostly used in the production of robust materials, pre-stressing strand steel wires and spring steel wires, and are occasionally used in construction materials. Train Wheels: Its products include train wheels and wheel rims, which are widely used in railway transport, port machinery, petrochemical industries, aerospace industry, and so forth.