According to the Ryerson statement, Ryerson China Limited was formed as a partnership with VSC and was previously known as VSC-Ryerson China Limited. Ryerson originally held 40 percent of the joint venture when the partnership was formed and subsequently increased its ownership to 80 percent in the fourth quarter of 2008.
Ryerson China Limited is based in Shanghai and operates processing and service centers in Guangzhou, Dongguan, Kunshan, Tianjin and Wuhan, along with a sales office in Shanghai.