Masteel Group

Ma gang (Group) Holding Co., Ltd., or known as Masteel Group, is one of the major Chinese iron and steel enterprises. Since 2019, it is a joint venture of central government owned China Baowu Steel Group and Anhui Provincial People's Government's State-owned Assets Supervision and Administration Commission (SASAC). It is headquartered in Ma'anshan, Anhui province. The group produced iron and steel via its listed subsidiary Maanshan Iron and Steel Company Limited, which was a listed company since 1993. However, the group had a significant part remained unlisted.

Ma Gang (Group) Holding Co., Ltd.
Ma Steel Group
Formerly
  • Ma anshan Iron Mining Plant
  • Ma'anshan Iron and Steel Company
  • Magang Holding Company
Company typeState-owned enterprise
Industry
  • Steel manufacturing
  • holding company
Founded1953
Headquarters
Ma'anshan, Anhui province
,
China
Area served
China
Key people
Wei Yao(Chairman & Party Committee Secretary)
Products
Steel(via listed subsidiary)
Ore mining(via unlisted subsidiary)
Services
Education(former)
Medical service(former)
Revenue91,784,330,000 renminbi (2018) 
Owner
China Baowu Steel Group(51%)
Anhui provincial government(49%)
ParentChina Baowu Steel Group
SubsidiariesMaanshan Iron and Steel Company Limited (45.54%)
Chinese name
Simplified Chinese马钢(集团)控股有限公司
Traditional Chinese馬鋼(集團)控股有限公司
Literal meaningMa[anshan] steel [and Iron] (group) holding, limited company
former name
Simplified Chinese马鞍山钢铁公司
Traditional Chinese馬鞍山鋼鐵公司
Literal meaningMa'anshan steel and iron company
short name
Simplified Chinese马钢集团
Traditional Chinese馬鋼集團
Websitewww.magang.com.cn

In Chinese language, the company was nicknamed as "A flower of Jiangnan".

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