Delong Steel
The Shanghai Delong Steel Group Co., Ltd, known as Delong Steel, is a Chinese steel company based in Hebei province.
One of the world's largest steel producers, Delong was ranked 12th in the world, producing 27.9 million tonnes of steel in 2022. Forbes ranked it as the world's 451st largest company, with annual revenues of over US$33 billion.
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.One of their plants in Xingtai produces 3 million tonnes per annum.
In 2020, the company opened a steel history museum in Xindu, Xingtai. 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. In 2022 it was first listed in the Fortune Global 500 and announced plans for a plant in Zimbabwe.