Nanjing Iron and Steel Company

Nanjing Iron and Steel Company
Company typepublic
SSE: 600282
Industrysteel manufacturing
Founded
  • 1958 (predecessor)
  • 18 March 1999 (1999-03-18) (date of incorporation)
FounderNanjing Iron and Steel Group
Headquarters,
China
Area served
China
Revenue CN¥37.601 billion (2017)
CN¥3.200 billion (2017)
Total assets CN¥37.735 billion (2017)
Total equity CN¥11.575 billion (2017)
Owner
(43.47%)
ParentNangang United
Chinese name
Simplified Chinese南京钢铁股份有限公司
Traditional Chinese南京鋼鐵股份有限公司
Literal meaningNanjing Steel and Iron, Company Limited by Shares
Transcriptions
Standard Mandarin
Hanyu PinyinNánjīng gāngtiě gǔfèn yǒuxiàn gōngsī
Chinese short name
Simplified Chinese南钢股份
Traditional Chinese南鋼股份
Literal meaningNansteel Share
Transcriptions
Standard Mandarin
Hanyu PinyinNángāng gǔfèn
Footnotes / references
in consolidated financial statement

Nanjing Iron and Steel Co., Ltd. (abb. NISCO) is a publicly traded steel maker based in Nanjing, Jiangsu Province, China. The parent company of NISCO is Nanjing Nangang Iron and Steel United Co., Ltd. (Chinese: 南京南钢钢铁联合有限公司), a joint venture of Hong Kong listed company Fosun International (the stake was jointly held by Fosun International and its subsidiaries) and Chinese state-owned enterprise Nanjing Iron and Steel Group in a 60–40 ratio.

NISCO involves the pressing and smelting of ferrous metals and sales of steel materials.

NISCO was a constituent of small cap SSE 380 Index from December 2015 to December 2017.

According to World Steel Association (Chinese companies data was provided by China Iron and Steel Association), the corporation was ranked the 45th in 2015 the world ranking by production volume (8.590 million metric tons).