Benxi Iron and Steel Group Co., Ltd. is one of the large-scale steel enterprises having resumed production after the foundation of the People’s Republic of China, with 60000 employees and a crude steel production capacity of 20 million tons. Relying on iron and steel and mineral resources industries, it is a super large iron and steel joint enterprise with synergetic development of diversified industries such as financial investment, trade logistics, equipment manufacturing, industrial services, and urban services,etc, and also famous as the producer of "ginseng iron".
During the period of socialist construction, known as the "meritorious enterprise of the Republic", Benxi Iron and Steel Co., Ltd. actively responded to the call of the CPC Central Committee to "fight for the industrialization of China", and also played an important role in the industrialization process of the PRC, especially in the development of the steel industry". After the Third Plenary Session of the Eleventh Central Committee of the Communist Party of China (CPC), the company has rejuvenated. In 1994, it was identified by the State Council as one of the 100 modern enterprise system pilots in China. In 1997, it was identified by the State Council as a pilot unit of the 120 large enterprise groups nationwide. In 2010, under the leadership of the Liaoning Provincial Party Committee and the provincial government, Benxi Steel completed the merger and reorganization with Beigang, and Benxi Steel Group Co., Ltd was established. In 2021, after the restructuring of Ansteel and Benxi Steel, Benxi Steel has officially become the second-level subsidiary of Ansteel Group.
Benxi Steel has national-level technology center and testing center,and has built a post-doctoral research workstation as well as a national and local joint engineering laboratory for advanced automotive steel development and application technology. Furthermore, in the production and R&D of automobile plate, high-strength steel, silicon steel, rod and wire rod and other products, it is at the leading level in China. It has formed more than 60 varieties and more than 7500 specifications of wire rod, deformed steel, ductile iron pipe, special steel, hot rolled plates, cold rolled plates, galvanized plates, color coated plates, stainless steel and other product series. As the leading unit of the Industry, Education and Research Innovation Alliance of the Iron and Steel Industry in Liaoning as well as the "Quality Management Innovation Base" certified by the Quality Association of China, It is recognized by the Ministry of Industry and Information Technology of the People's Republic of China as a "national technological innovation demonstration enterprise" and "one of the top 100 industrial enterprises in brand competitiveness of China ".
Looking into the future, Benxi Iron and Steel Co., Ltd. will be committed to building a market-oriented operation benchmark of state-owned enterprises with exemplary significance through reform and innovation, and also to setting up a production base of automobile steel and excellent steel bars and wires with international competitiveness. Furthermore, it will endeavor to create a green intelligent digital iron and steel enterprise with beautiful environment, ecological harmony and social benefits. Enjoying a century long brand reputation, Benxi Iron and Steel will always make a better life for mankind with steel power.