Beijing Shougang Co., Ltd.

Shougang Advances ESG Initiatives, Bolstering Its Sustainable Steel Production

Retrieved on: 
Thursday, November 23, 2023

The company boasts an annual production capacity of 21.7 million metrics tons (MT) of premium grade sheet metal.

Key Points: 
  • The company boasts an annual production capacity of 21.7 million metrics tons (MT) of premium grade sheet metal.
  • Shougang continues its focus on the development of three main products: electrical steel, automotive sheet metal, and tinplate.
  • Electrical steel production for the same period stood at 1.25 million tons, up by 18% year on year.
  • As a standout in the Chinese steel sector, Shougang has garnered international attention by becoming the first steel firm globally to champion ultra-low emission processes across all operations.

Cleveland-Cliffs Applauds Preliminary Determination by the U.S. Department of Commerce in Tin Mill Products Trade Case

Retrieved on: 
Wednesday, June 21, 2023

Cleveland-Cliffs Inc. (NYSE: CLF) today announced that it applauds the preliminary determination reached by the U. S. Department of Commerce that producers of Tin Mill Products from China benefit from significant countervailable government subsidies.

Key Points: 
  • Cleveland-Cliffs Inc. (NYSE: CLF) today announced that it applauds the preliminary determination reached by the U. S. Department of Commerce that producers of Tin Mill Products from China benefit from significant countervailable government subsidies.
  • The subsidy rate for Baoshan Iron and Steel is 542.55 percent and for Jingtang Iron and Steel is 89.02 percent.
  • In addition, Commerce announced that it was initiating an investigation of additional subsidies alleged by Cleveland-Cliffs and the United Steelworks (USW) as petitioners.
  • Importers of subject Tin Mill Products will be required to post cash deposits upon publication.

Global Steel Markets Report 2021-2025 - Upsurge in the Consumption of High-Strength Steel (HSS) and Corrosion Resistance and Excellent Mechanical Properties - ResearchAndMarkets.com

Retrieved on: 
Friday, December 17, 2021

The steel market is poised to grow by 614.20 mn tons during 2021-2025, progressing at a CAGR of 6.32%.

Key Points: 
  • The steel market is poised to grow by 614.20 mn tons during 2021-2025, progressing at a CAGR of 6.32%.
  • This study identifies the growing demand from the construction industry as one of the prime reasons driving the steel market growth during the next few years.
  • The market is driven by the upsurge in the consumption of high-strength steel and corrosion resistance and excellent mechanical properties.
  • The report on the steel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

Quhuo Announces Joint Partnerships with Shougang Real Estate and Hakone Group to Boost Operations of the Beijing-Tianjin-New-City Development

Retrieved on: 
Thursday, July 29, 2021

BEIJING, July 29, 2021 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH ) ("Quhuo" or the "Company"), a leading gig economy platformfromChina, today announced its recent partnerships with Shougang Real Estate ("Shougang") and Hakone Group ("Hakone") to jointly boost operations in the Beijing-Tianjin-New-City development project ("Beijing-Tianjin-New-City"), a luxury resort town about 90 kilometers from Beijing.

Key Points: 
  • BEIJING, July 29, 2021 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH ) ("Quhuo" or the "Company"), a leading gig economy platformfromChina, today announced its recent partnerships with Shougang Real Estate ("Shougang") and Hakone Group ("Hakone") to jointly boost operations in the Beijing-Tianjin-New-City development project ("Beijing-Tianjin-New-City"), a luxury resort town about 90 kilometers from Beijing.
  • Chengtu, one of China's biggest homestay operators and a sub-division of Quhuo, officially launched the joint partnerships with Tianjin Subsidiary of Shougang and Hakone on July 10, 2021.
  • The timely partnership opens more opportunities as China's domestic tourism market continues to gather momentum and recover at a fast pace.
  • Established in 1998 and headquartered in Beijing, Shougang Real Estate is a real estate investment and development group integrating real estate investment, development, and asset operation.

EV-maker NIO to launch flagship store in former Beijing steel plant

Retrieved on: 
Wednesday, June 30, 2021

BEIJING, June 29, 2021 /PRNewswire/ -- This is a report from China.org.cn:

Key Points: 
  • BEIJING, June 29, 2021 /PRNewswire/ -- This is a report from China.org.cn:
    Leading Chinese electric vehicle maker NIO plans to open a flagship store in Shougang Industrial Park, a reclaimed steel plant in Beijing's western Shijingshan district.
  • The space will also become the company's flagship store.
  • The announcement came after NIO and Chang'an Mills, an urban renewal landmark project inside the park, signed a deal introducing NIO House, the company's brand-new exhibition and experience center.
  • Back in February 2019, Beijing launched a demo zone inside the park for the application of intelligent connected vehicles.

Shougang Century Announces 2020 Annual Results

Retrieved on: 
Monday, March 22, 2021

HONG KONG, Mar 22, 2021 - (ACN Newswire) - Shougang Concord Century Holdings Limited ("Shougang Century", together with its subsidiaries, "the Group"; stock code: 0103.HK) is pleased to announce its audited annual results for the year ended 31 December 2020.

Key Points: 
  • HONG KONG, Mar 22, 2021 - (ACN Newswire) - Shougang Concord Century Holdings Limited ("Shougang Century", together with its subsidiaries, "the Group"; stock code: 0103.HK) is pleased to announce its audited annual results for the year ended 31 December 2020.
  • In view of this, the Group decisively seized the market opportunities by exploring new customers, while optimizing its sales mix to flexibly meet customers' requirements.
  • As the photovoltaic, sapphire and magnetic material markets gradually improve, the domestic sawing wire market has witnessed a steady growth.
  • Shougang Concord Century Holdings Limited (0103.HK) is primarily engaged in manufacturing of steel cords for radial tyres, sawing wires and other wire products.

Shougang Century Announces Positive Profit Alert

Retrieved on: 
Tuesday, February 9, 2021

Such increase was primarily attributable to the improvement of gross profit margin arisen from the decrease in production costs and the reduction in finance costs.

Key Points: 
  • Such increase was primarily attributable to the improvement of gross profit margin arisen from the decrease in production costs and the reduction in finance costs.
  • Shougang Century is primarily engaged in manufacturing of steel cords for radial tyres, sawing wires and other wire products.
  • Mr. SU Fanrong, Chairman and Managing Director of Shougang Century said "With the outbreak of coronavirus disease under control in China, demand for logistics in the nation witnessed a substantial increase, driving demand for large vehicles' tyres.
  • Shougang Concord Century Holdings Limited (0103.HK) is primarily engaged in manufacturing of steel cords for radial tyres, sawing wires and other wire products.

CIFTIS 2019 will be held in Shougang Park under the theme of 'Winter Olympics and Urban Development'

Retrieved on: 
Tuesday, May 21, 2019

Under the theme of 'Winter Olympics and Urban Development' Shougang Park, as one of CIFTIS branches, will host a series of special activities about culture, sports, and theWinter Olympic Games.

Key Points: 
  • Under the theme of 'Winter Olympics and Urban Development' Shougang Park, as one of CIFTIS branches, will host a series of special activities about culture, sports, and theWinter Olympic Games.
  • It is reported that Shougang Park, the branch fair of CIFTIS, was evolved from the original Shougang Industrial Park.
  • XXIV Winter Olympics will be held in Shougang North Park Shijingshan District, which contributes to the development of the surrounding region.
  • After the Winter Olympics, Shougang Park will become the gather area of ice-sports in west Beijing, an ice camp.

UBTech's All-terrain Patrol Robot ATRIS selected by Beijing's Shougang Park

Retrieved on: 
Saturday, December 29, 2018

On the same day, Shougang AI Industrial Park also commenced operations.

Key Points: 
  • On the same day, Shougang AI Industrial Park also commenced operations.
  • UBTech's all-terrain patrol robot ATRIS will provide intelligent security support for the park.
  • ATRIS enhances the efficiency of security patrols within Shougang Park and reduce the park's costs associated with security staff.
  • By using ATRIS, Shougang Park can establish a rapid, efficient and flexible smart security system, efficiently supporting security patrols within the park.

UBTech's All-terrain Patrol Robot ATRIS selected by Beijing's Shougang Park

Retrieved on: 
Saturday, December 29, 2018

On the same day, Shougang AI Industrial Park also commenced operations.

Key Points: 
  • On the same day, Shougang AI Industrial Park also commenced operations.
  • UBTech's all-terrain patrol robot ATRIS will provide intelligent security support for the park.
  • ATRIS enhances the efficiency of security patrols within Shougang Park and reduce the park's costs associated with security staff.
  • By using ATRIS, Shougang Park can establish a rapid, efficient and flexible smart security system, efficiently supporting security patrols within the park.