Shanxi Taigang Stainless Steel Co., Ltd. is principally engaged in the metallurgy of iron and steel. The Company's major products include stainless steel products, common steel products and common billets, among others. Through its subsidiaries, the Company is involved in the production and distribution of steel materials, billets, pig iron products and steel products, the extrusion processing of stainless steel and other metal products, as well as the distribution of steel products. The Company operates its business mainly in Taiyuan, Shanxi Province, China.
Taiyuan Iron & Steel (Group) Co., Ltd (“Taigang” or TISCO for short) was initially founded in 1934 and is located in the dragon city, Taiyuan, on the shore of Fenhe River.
As the biggest stainless steel enterprise equipped with globally biggest capacity and most up-to-date technology and equipment, TISCO has developed into an extraordinary large scale iron and steel complex, which is integrated with businesses of iron mining, iron and steel production, processing, delivery and trading. Now, TISCO’s annual production capacity is 10 million tons (of which 3 million tons of stainless steel), its operating income surpasses 100 billion Yuan RMB in the past five consecutive years.
TISCO has been devoted to R & D, production and processing of stainless steel, special steel and high grade carbon steel. The company has enormous R & D force and reliable quality assurance system. Among 729 State determining enterprise technical centers, TISCO Technology Center ranks the second. Now, TISCO has formed an energy-efficient longevity products cluster mainly in stainless steel, cold rolled silicon steel, high-strength-toughness series steel, and key products have entered into key fields and new industries such as petroleum, chemical industry, shipbuilding, container, railway, automobile, urban light rail transit, large power stations, "Shenzhou" series airships and etc. TISCO ranks the domestic first in market shares of railway industry steel, duplex steel, heat-resistant steel, axle shaft steel, 9% Ni steel, etc.
By insisting on green development, taking scientific and technological innovation and technological progress as the support, TISCO advocate production and lifestyle with economy, environmental protection, civilization and low carbon mode, insist to take a road of new industrialization and sustainable development, and TISCO has successfully carried out some energy-saving and environmental projects like coke dry quenching, coal wetness adjusting, coke oven gas desulfurization acid-making, sintering flue gas desulfurization and denitration acid-making, blast furnace gas combined cycle power generation, blast furnace gas excess pressure power generation, saturated steam power generation, steel slag processing, membrane industrial water disposal, urban sewage treatment, acid regeneration, metallurgy dust utilization, slag fertilizer making and etc, and the main indexes of output energy consumption per ten thousand Yuan, comprehensive energy consumption per ton of steel, fresh water consumption, flue dust emissions, SO2 emissions, chemical oxygen demand emissions rank the industrial leading level.
TISCO adheres to advance internationalized management, implement overseas resources development, and participate in Shanxi Province coal resources integration, by which pushing coal and steel strategic alliance, establishing a safe and stable strategic supply chain; TISCO speeds up the construction of stainless steel eco-industrial park, develops stainless steel deep-processing industry, constructs steel processing and distribution center, extends the industrial chain; TISCO integrates resources, plays the role of its advantage, and carries out the development of new craft, new technology, new material and new equipment in metallurgical industry and complete set technology outputting; TISCO actively develops international trade and keeps stable economic and trade relationship with more than 80 countries and regions like the United States, Germany, France, Britain, Japan, Korea, Australia and so on.
TISCO has been awarded successively the honorable titles of “National Quality Award”, “National Enterprises with Highest Awareness of Social Responsibility”, “National Model Enterprise of Harmonious Labor Relationship”, “National Model Enterprise of Enterprise Culture Construction”, “National Model Enterprise of Green Project”, “Model Enterprise of Shanxi Province”, “5.1 Labor Award of Shanxi Province”, “National Enterprise with Advanced QC”, “National Pioneer in Legal Knowledge Propagandization and Training”, “Shanxi Provincial Credit Model Enterprise”, Shanxi Provincial “Red Cross Donation Star” and “Silver Medal in Daily income Donation Philanthropy”, and etc..
During "the twelfth five-year" period, taking scientific development as the theme, transformation development as the main line, technological innovation as a driving force, the ability construction as the core, and team building as guarantee, TISCO will continue to promote the "three transformations", adhere to the strengthen the main business, with diverse development, extension development, green development and harmonious development, speed up the construction of the world's most competitive stainless steel enterprises. Up to 2015, with business income expecting to reach over 200 billion Yuan, build TISCO to the domestic first-class, the world famous large enterprise group.