| Industry | Steel |
|---|---|
| Founded | 1992 (age 34) |
| Hq location city | Nanshimen |
| Hq location country | China |
| Area served | East and Southeast Asia, Europe |
| Key people | Ding Liguo (CEO) |
| Num employees (2023) | 46,403 |
| Website | delongsteel.com |
| Revenue (2023) | US$33.5 billion |
| S | 德龙钢铁有限公司 |
|---|---|
| T | 德龍鋼鐵有限公司 |
| P | délóng gāngtiě yǒuxiàn gōngsī |
| L | Benevolent Dragon Steel |
| Mi | /de2.long2/ |
The Shanghai Delong Steel Group Co., Ltd (, tuh-lung), known as Delong Steel, is a Chinese steel company based in Hebei province.[1]
One of the world's largest steel producers, Delong was ranked 12th in the world, producing 27.9 million tonnes of steel in 2022.[2] Forbes ranked it as the world's 451st largest company, with annual revenues of over US$33 billion.[3]
History
The company was founded in 1992 as Teamsphere Ltd., becoming Delong in 2000. Evraz acquired a minority share in 2008, which it sold to Best Decade Holdings Ltd. in 2018.[4]
One of their plants in Xingtai produces 3 million tonnes per annum.[5]
In 2020, the company opened a steel history museum in Xindu, Xingtai.[6] Delong has also opened the Delong Steel Art Park in Laoting County.
Delong produces high-quality carbon structural steel, low-alloy high-strength structural steel, hot-rolled coils, and special steel plates for pipelines.[7] In 2022 it was first listed in the Fortune Global 500 and announced plans for a plant in Zimbabwe.[8]
See also
References
- ^ "China shares steelmaking wisdom via BRI". www.chinadaily.com.cn
- ^ "Top Producers"
- ^ "Shanghai Delong Steel Group | 2023 Fortune Global 500". Fortune
- ^ "Evraz selling 15% stake in Delong for US$91.7M". www.spglobal.com
- ^ "印尼德信钢铁一期扩建项目竣工投产". 人民号. September 20, 2023.
- ^ "Steel company factory area in N China's Hebei turns into tourist attraction - People's Daily Online". en.people.cn
- ^ Fern, Wang (August 9, 2021). "Delong Steel Co., Ltd."
- ^ "History Delong Steel historic company profile". www.steelonthenet.com