20% of China’s top 100 corporations are steelmakers
Major global rating company Standard & Poor's listed the top 100 corporations of
China according to their 2004 revenues.
China Petroleum and Chemical tops the list with revenue of RMB 590.6 billion ($72.88 billion).
Steelmakers accounted for nearly one-fifth of the companies in the top 100. They include:
8) Baoshan Iron & Steel (RMB 58.6 billion ($7.23 billion)
19) Maanshan Iron & Steel (RMB 26.8 billion ($3.31 billion)
22) Wuhan Iron and Steel (RMB 24.14 billion ($2.98 billion)
24) Hunan Valin Steel Tube &
Wire (RMB 23.8 billion ($2.94 billion)
25)
Angang New Steel (RMB 23.2 billion ($2.86 billion)
29) Tangshan Iron & Steel (RMB 21.9 billion ($2.7 billion)
33) Handan Iron and Steel (RMB 19.45 billion ($2.4 billion)
35) Jinan Iron & Steel (RMB 19.14 billion ($2.36 billion)
40)
Laiwu Steel (RMB 17.35 billion ($2.14 billion)
41) Bengang Steel (RMB 17.35 billion ($2.14 billion)
42) Inner
Mongolia Baotou Steel (RMB16.25 billion ($2 billion)
51) Panzhihua New Steel & Vanadium (RMB 13.44 billion ($1.66 billion)
55) Anyang Iron & Steel (RMB 12.92 billion ($1.59 billion)
68) Nanjing Iron & Steel (RMB 10.23 billion ($1.26 billion)
70) Guangzhou Iron & Steel (RMB 10.1 billion ($1.25 billion)
73) Hangzou Iron & Steel (RMB 9.95 billion ($1.23 billion)
81) Gan Su Jiu Steel Group (RMB 8.96 billion ($1.11 billion)