Angang Steel Company Limited engages in the production, processing, and sale of steel products in the People's Republic of China. Its principal products include hot rolled sheets, cold rolled sheets, galvanized steel sheets, color coating plates, medium and thick plates, heavy sections, heavy rails, wire rods, seamless steel pipes, and cold rolled silicon steel products. The company also engages in ferrous metal smelting and steel pressing activities. In addition, it sells building materials, etc.; provides wholesale and retail purchasing services; develops metallurgy and related materials and equipment; and purchases and sells metal and other materials, as well as imports, exports, wholesales, and retails technology products. Further, the company engages in the purification of cooking gas; production of coal products; production of dissolved acetylene; and sale of compressed and liquefied gas. The company's products are used in various industries, such as machinery, metallurgy, petroleum, chemical, coal, power, railway, shipbuilding, automobile, construction, home electrical appliances, and aviation. It also exports its products. The company was formerly known as Angang New Steel Company Limited and changed its name to Angang Steel Company Limited in June 2006. The company was founded in 1997 and is headquartered in Anshan, the People's Republic of China. Angang Steel Company Limited is a subsidiary of Anshan Iron and Steel Group Co., Ltd.