Wuhan Iron and Steel (Group) Corporation · Wuhan, Hubei China
Company Description
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This link will open in a new window Wuhan Iron and Steel, known by the less industrial moniker Wisco, anchors China's steel industry. Each year it produces about 20 million tons of a wide variety of steel products including hot and cold rolled sheet and coil, galvanized and tinned sheet, color coated sheet, and wire and rod. It also makes chemical products and granulated slag and operates six iron ore mines in Hubei and Jiaozhuo. Wisco is China's oldest steel company, established in 1958. To read the full description, subscribe now.
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Key Wuhan Iron and Steel (Group) Corporation Financials
| Company Type | Government-owned Headquarters |
| Annual Sales (mil.) | $81,111.6 |
| Employees | 73,000 |
Wuhan Iron and Steel (Group) Corporation Executives
10 executives listed for Wuhan Iron and Steel (Group) Corporation's Wuhan, Hubei location.
| Title | Name & Bio | Contact |
| President and Vice Secretary, Party Committee | Deng Qilin | Network |
| VP and Chief Accountant | Peng Chen | Network |
| VP and Secretary, Party Committee | Wang Jiong | Network |
Competition
Competitive Landscape for Wuhan Iron and Steel (Group) Corporation
Demand comes largely from the manufacturers of durable goods like motor vehicles, machinery, containers, and construction steel. The profitability of individual companies depends largely on efficient operations, because most products are commodities sold based on price. Big companies have large economies of scale in production. Accordingly, most producers of secondary products buy raw metal from the large producers. Small companies can compete by operating efficient local mini-mills or producing specialty products. The industry is capital-intensive: average annual revenue per worker is close to $300,000. To read the full description, subscribe now.Top Wuhan Iron and Steel (Group) Corporation Competitors
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