Tangshan Iron and Steel Group Company Limited, or Tangsteel, founded in 1943 and headquartered in Tangshan, Hebei, is one of the largest steel manufacturing state-owned enterprise in China.[1] Its subsidiary and listed company, Tangshan Iron and Steel Company Limited (SZSE: 000709) was established in 1994 and it was listed on the Shenzhen Stock Exchange in 1997.[2]
In 2005 it formed a joint venture Jingtang United Iron and Steel with Shougang Group. Tangsteel Group owned 49%.
In 2006, Tangsteel merged with Xuanhua Iron & Steel Group and Chengde Iron and Steel Group to form "New Tangsteel Iron and Steel Group".[3] In 2008, Tangsteel merged with Hansteel Group to form "Hebei Iron and Steel Group", which is the largest steel maker in China and the fifth largest in the world.[4]
in 2010 the Jingtang United Iron & Steel was sold back to Shougang Group.