Description

Xiwang Special Steel Company Limited, along with its subsidiaries, specializes in the production and distribution of electric arc furnace-based steel products throughout China. The company organizes its business into four principal segments: Ordinary Steel, Special Steel, Trading of Commodities, and By-Products. Its ordinary steel offerings encompass rebars, widely utilized in building construction and infrastructure development, as well as ribbed and plain wire rods that are crucial for manufacturing coils, springs, electronic components, and precise machinery parts. The special steel division provides carbon structural steel in the form of billets, bars, and wires, primarily for architectural and infrastructure applications. It also supplies alloy structural steel for various machinery, bearing steel wires and bars essential for crafting rollers or ball bearings in the automotive industry, and steel ingots. Beyond manufacturing, Xiwang Special Steel actively trades in commodities such as iron ore dust, pellets, steel billets, and coke. Additionally, it sells various by-products, including steel slag, steel scrap, steam, and electricity. Established in 2003, the company is headquartered in Binzhou, China, and functions as a subsidiary of Xiwang Investment Limited Company.