Report summaryHebei Yanshan Iron and Steel (Yanshan) is a private company, located in Qian'an city, Hebei province. It has an annual crude steel capacity of 10 million tonnes. In January 2011, the plant joined with Hebei Iron and Steel by issuing it a complimentary 10% stake. This provided Yanshan some security against being forced to close some of its smaller BFs and also enables it to gain approval to expand a lot easier under the umbrella of an SOE company. Yanshan sells a significant amount of semis to re-rollers, which are subject to closure due to strict environmental policies in China.
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