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Shagang Group among China's top 500 companies in foreign trade
2019-08-23 Author: Source:www.chinadaily.com.cn Views:1242
An intelligent produce line at the workshop of Shagang Group. [Photo/WeChat Account: shaganggroup]
Chinese leading steelmaker Shagang Group was listed among China's top 500 companies in terms of foreign trade in 2019, ranking 87th, with its imports and exports totalling $3.75 billion.
The list was made by the Statistical Society for Foreign Economic Relations and Trade of China. The institute has been responsible for ranking China's top 500 enterprises in foreign trade since 2008.
Shagang Group, based in Zhangjiagang, Jiangsu province, has been rapidly developing its intelligent manufacturing capabilities and increasing its competitiveness on the national stage.
Shagang Group trades with more than 90 countries and regions. In 2018, its trade volume of bulk raw materials such as ore, coal, and alloy exceeded 70 million tons, and the total volume of steel trade amounted to around 5 million tons.
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