Xining Special Steel Co.,Ltd (China)

Xining Special Steel Co., Ltd is a company located in Xining. The company has developed a vertically integrated industrial chain, consisting of three major industry sectors: "steel smelting," "iron ore selection," and "coal-coking." They have also established a special steel production line that includes processes such as "electric arc furnace-refining-continuous casting (mold casting)-forging, rolling, drawing, and tubing," as well as a conventional production line for sintering, blast furnace, converter, refining, continuous casting, and continuous rolling. The company's main products include alloy steel, carbon steel, bearing steel, stainless steel, tool steel, and spring steel. These products are widely used in industries such as machinery, military, automotive, railway, aviation, petroleum, and coal. The steel industry is facing challenges due to the impact of the international and domestic economic situation, including shrinking product demand, low prices, and overcapacity. The competition among steel enterprises is expected to intensify, and the market environment for the company will become more complex. In response, the company plans to strengthen fine management, adjust its organizational structure, and focus on cost control to improve efficiency. They will also enhance their service capabilities, explore new product markets, reduce capital occupation, and accelerate turnover to minimize operational risks.