A Chinese-German Joint Venture For High-Quality Products
TAGAL is an equally owned joint venture of ThyssenKrupp Steel Europe AG and ANSTEEL. It operates under its business name ANSC-TKS Galvanizing Co., Ltd. in Dalian / north-east China.
Angang Steel Co., Ltd.
As a proprietary subsidiary of the Angang Group, Angang New Steel Co., Ltd. (ANSC) was listed on the Hang Seng and Shenzhen Stock Exchange respectively on July 24th and December 25th, 1997 after the foundation on May 8th, 1997.
At the end of 2005, ANSC owned total assets of 1.77 billion USD, a net production value of 1.38 billion USD. In 2005, it recorded 3.380 million tons of steel production, 6.047 million tons of rolled steel production, which witnessed 3.23 billion USD revenue from main operation and 0.25 billion USD net profits. In January 2006, ANSC issued stock to Angang Group for the purchase of An Gang New Iron & Steel Company (ANISC). The acquisition was finished in the end of that year, ANSC changed the name to Angang Steel Co., Ltd (refer as "ANSTEEL"). So far ANSTEEL has been equipped with complete sets of modern technical processes, such as coking, sinter, iron-making, steel-making and steel-rolling. Meanwhile, it owns an energypower system, which achieved the all-in-one management in its main business of steel production. The spectrum of ANSTEEL ranges from hot-rolled steel, heavy flat sheets, medium plate, high-speed wires, heavy rails, weldless pipes, heavy section, cold-rolled silicon steel, cold-rolled sheet, hot-dip galvanizing sheet to color coated sheets.
Thyssenkrupp Steel Europe AG
ThyssenKrupp is a global concern with business activities focused on the areas of Steel, Capital Goods and Services. At the beginning of fiscal year 2005/2006, the steel activities of ThyssenKrupp were realigned. After completion of the portfolio consolidation, two separate segments were formed for carbon and stainless steel. The new Steel segment is led by the operating holding company Thyssenkrupp Steel Europe AG in Duisburg. With sales of 10.7 billion euros per year the company now is the second largest producer of carbon steel products in Europe with 30,650 employees and a total output of 15,1 million tons of flat rolled steel per year, offering a wide product range which fully satisfies the latest materials concepts.
The spectrum ranges from both hot and coldrolled strip and uncoated sheet, to electrogalvanized and hot-dip galvanized sheet as well as the production of organically coated flat rolled products and Tailored Products. ThyssenKrupp Steel Europe AG is an important supplier of steel products to the international automotive industry. The company's strategy is to supply its customers in all major markets of the world by setting up local production for downstream products. The lines in Dalian are the latest of its 11 HDG lines built around the world.