Anshan Iron and Steel Group is one of the largest steel producers in China. It was established in 1916, and is now a state owned enterprise through the Central Government. Anshan steelworks can produce 17.5 Mtpa of crude steel, one of the largest single steel complexes in China. Anshan is a low cost producer compared with other Chinese steel plants. The major contribution to this cost advantage is a lower iron ore cost due to its captive iron ore supply.