Nanjing Iron and Steel Company

For the National Iranian Steel Company (NISCO), see NISCO (Iran).
For the Argentine film director, see Jorge Nisco.
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
Nanjing
,
China
Area served
China
RevenueIncrease CN¥37.601 billion (2017)
Increase CN¥03.200 billion (2017)
Total assetsIncrease CN¥37.735 billion (2017)
Total equityIncrease 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[1]

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.[2]

NISCO was a constituent of small cap SSE 380 Index from December 2015[3] to December 2017.[4]

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).[5]

  1. ^ "2017 nián nián dù bào gào" 2017年年度报告 [2017 Annual Report] (PDF) (in Chinese (China)). Nanjing Iron and Steel Company. 13 February 2018. Retrieved 13 May 2018 – via Shanghai Stock Exchange.
  2. ^ Nanjing Iron & Steel Co., Ltd. - Company Profile Snapshot ecnext.com Archived 2008-10-26 at the Wayback Machine
  3. ^ "Guān yú tiáo zhěng shàng zhèng 50, shàng zhèng 180, shàng zhèng 380 děng zhǐ shù yàng běn gǔ de gōng gào" 关于调整上证180、上证50、上证380等指数样本股的公告 (Microsoft Word) (Press release) (in Chinese (China)). Shanghai Stock Exchange, China Securities Index. 30 November 2015. Retrieved 13 May 2018.
  4. ^ "Guān yú tiáo zhěng shàng zhèng 50, shàng zhèng 180, shàng zhèng 380 děng zhǐ shù yàng běn gǔ de gōng gào" 关于调整上证50、上证180、上证380等指数样本股的公告 (Microsoft Word) (Press release) (in Chinese (China)). Shanghai Stock Exchange, China Securities Index. 27 November 2017. Retrieved 13 May 2018.
  5. ^ "Top steel-producing companies". World Steel Association. 2016 [circa]. Archived from the original on 2016-07-19. Retrieved 2016-07-26.