Company Profile	Home -> Overview -> Company Profile

    Hunan Valin Iron & Steel Co., Ltd. (also “Valin Steel”, “the Company”), a joint stock company with limited liability, was co-founded by the chief initiator Hunan Valin Group, and its partners including Changsha Research Institute of Mining and Metallurgy, with the approval of Hunan Provincial People’s Government. The Company became a listed company at Shenzhen Stock Exchange in July 1999.
    Since it went public, Valin has taken full advantage of the opportunities for development and the capital market, and carried out its internationalization strategy. Through share transfer, the Company introduces ArcelorMittal, world №1 steel enterprise, as its strategic partner. It strives to improve its main business of steel, and determines a differentiated developmental strategy on the basis of professionalized production and cost control. It targets at the high-end products in the segmented market and positions itself as a “steel solution provider to the customers” .
    Since its incorporation, Valin Steel has invested over RMB 60 B yuan.on a series of technical revamping projects, including optimization of the processes, adjustment of the product mix, energy saving, consumption reduction, and improvement of its competitive strength, and has conducted a series of technical innovation and modernized the production processes featured by? large equipment, automatic operation and lean management. The Company concentrated on several key products, including cold-rolled and hot-rolled ultra-thin coils, heavy and wide plates, seamless steel tubes and pipes of all calibers, and high quality wire rod. So far, it has established plate and coil, tube and pipe, and wire rod production lines of advanced level. It also focused on high-tech and     sophisticated products, including high strength auto steel, high grade steel, high magnetic electrical steel, high strength shipbuilding plate, thick plates for high power thermal power plants and nuclear plants, high pressure boiler tubes, X80 pipeline steel. It attempts to form its series of products with great competitive strength to meet the demand of the domestic market substituting the imported steel..
Facing the unprecedented transformation of the steel industry, Valin Steel is rising quickly to become one of the top 10 Chinese steel enterprises, and world top 20. In 2011, it produced 15.43 M tons of steel, yielding a sales revenue of RMB 73.859 B yuan.with a total assets of RMB 85. 969 B yuan.