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was announced. The listed subsidiary, Wuhan Iron and Steel
Company, would be taken over by the listed counterpart of Baosteel in an all-share deal, while the rights of unlisted Wuhan Iron and Steel Corporation would be transferred to Baosteel Group for free, as both were supervised by the same
635:
520:
638:. The merger of the two parent company was completed in November 2016 and the merger of the two listed subsidiaries was completed in February 2017. Ma Guoqiang, was also promoted back to the new parent company
538:), the corporation was ranked the 11th in 2015 the world ranking by production volume. However, after a heavy net loss in 2015, a plan to cut the production capacity in Qingshan plant, Wuhan, in
1197:
626:, was investigated for corruption in 2015. New chairman, Ma Guoqiang, who replaced Deng Qilin in June 2015, had announced a plan to cut 50,000 staff from their current 80,000.
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for an undisclosed price. At the time of the agreement
Tailored Blanks had annual sales of around 700 million euros and a global market share of about 40 percent in
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of WISCO. Liu was also appointed as the Deputy
General Manager of China Baowu Steel Group, on top of his position as the highest-ranking officials of WISCO.
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In
September 2012 Wuhan Iron and Steel Corporation agreed to acquire the automotive components manufacturer Tailored Blanks from
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22:"WISCO" redirects here. For the U.S. state sometimes colloquially abbreviated to "Wisco", see
604:, Guangxi Province (sold back to SASAC of Guangxi Province in 2015) and build a new plant in
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773:"Sale of ThyssenKrupp Tailored Blanks to Wuhan Iron and Steel Corporation (WISCO) completed"
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On 21–22 September 2016 the merger plan between Wuhan Iron and Steel
Corporation and
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State-owned Assets
Supervision and Administration Commission of the State Council
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State-owned Assets
Supervision and Administration Commission of the State Council
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plant for a total of 4.42 million metric tonnes, was announced on 7 July 2016.
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523:(SASAC), but in 2016 it was merged with fellow SASAC supervised steel maker
23:
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500:) is a Chinese state-owned enterprise. It started to operate in 1958 in
26:. For the university sometimes colloquially abbreviated to "Wisco", see
601:
646:. Ma's position in WISCO was replaced by Liu Xiang, the former Deputy
838:"China completes merger that creates nation's biggest steel company"
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816:"China's Top Steel Mills Step Closer to Creating Arcelor Rival"
35:
16:"Wuhan Iron and Steel" redirects here. For ex-subsidiary, see
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694:"World Steel Association - Top steel-producing companies"
475:
674:(in Chinese). Shanghai Clearing House. 28 April 2017
592:was incorporated to listed Qingshan steel plant in
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66:. Unsourced material may be challenged and removed.
747:"ThyssenKrupp to sell Tailored Blanks to WISCO"
724:. Wuhan Iron and Steel Corporation. 7 July 2016
891:
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33:Chinese state-owned steel making conglomerate
8:
749:. Reuters. 28 September 2012. Archived from
562:Museum of Wuhan Iron and Steel (Group) Corp.
138:
1198:Manufacturing companies established in 1958
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642:as chairman of the board of directors and
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126:Learn how and when to remove this message
534:(Chinese companies data was provided by
417:Wuhan Iron and Steel (Group) Corporation
659:
1213:Manufacturing companies based in Wuhan
413:
987:Xinjiang Ba Yi Iron & Steel Group
7:
970:Wuhan Iron and Steel Company Limited
644:the Secretary of the Party Committee
64:adding citations to reliable sources
1208:Government-owned companies of China
797:(in Chinese). ifeng.com. 2016-03-14
572:156 important construction projects
325:CN¥176.567 billion (2016)
75:"Wuhan Iron and Steel Corporation"
14:
1159:
1158:
1086:Panzhihua New Steel and Vanadium
1017:Chongqing Iron and Steel Company
977:Wuhan Iron and Steel Corporation
907:
536:China Iron and Steel Association
494:Wuhan Iron and Steel Corporation
407:consolidated financial statement
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168:Wuhan Iron and Steel Corporation
139:Wuhan Iron and Steel Corporation
40:
402:Footnotes / references
346:27.070 billion (2016)
51:needs additional citations for
28:University of Wisconsin–Madison
1123:Shougang Concord International
1076:Nanjing Iron and Steel Company
818:. Bloomberg. 21 September 2016
617:automotive laser-welded blanks
590:Wuhan Iron and Steel Co., Ltd.
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446:
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18:Wuhan Iron and Steel Co., Ltd.
1:
1103:Shandong Iron and Steel Group
719:"武汉钢铁(集团)公司关于化解过剩产能实施脱困发展的公告"
583:First Five-year plan of China
477:Wǔhàn gāngtiě (jítuán) gōngsī
1218:1958 establishments in China
1130:Taiyuan Iron and Steel Group
1118:Tonghua Iron and Steel Group
775:. ThyssenKrupp. 31 July 2013
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998:Maanshan Iron & Steel
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600:, Hubei Province, and in
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237:Party Committee Secretary
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1188:Steel companies of China
1143:Tianjin Pipe Corporation
1081:Panzhihua Iron and Steel
960:Baoshan Iron & Steel
914:Steel companies of China
622:Its executive chairman,
441:Traditional Chinese
235:Liu Xiang (Chairman and
1134:Taigang Stainless Steel
982:Shaoguan Iron and Steel
640:China Baowu Steel Group
594:Shanghai Stock Exchange
588:In 1997, a subsidiary,
532:World Steel Association
519:It was administered by
427:Simplified Chinese
1148:Tiangong International
1096:Huaigang Special Steel
1034:Fengbao Iron and Steel
965:Meishan Iron and Steel
795:"武钢减员五万人背后:他为何两度「逃离」?"
563:
383:Guangxi Iron and Steel
178:State-owned enterprise
1137:Linfen Iron and Steel
1022:Dongbei Special Steel
561:
380:Echeng Iron and Steel
1039:Fushun Special Steel
1027:Beiman Special Steel
948:Angang Steel Company
668:"2016 Annual Report"
608:, Guangxi Province.
60:improve this article
566:The steel plant in
306:1.076 billion)
282:1.758 billion)
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925:Companies of China
753:on October 5, 2016
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395:www.wuganggroup.cn
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1061:Hunan Valin Steel
1012:Benxi Steel Group
955:Baowu Steel Group
570:, was one of the
530:According to the
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367:Baowu Steel Group
355:Baowu Steel Group
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943:Ansteel Group
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700:on 2016-07-19
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49:This article
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1007:Baotou Steel
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846:. Retrieved
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799:. Retrieved
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757:29 September
755:. Retrieved
751:the original
726:. Retrieved
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702:. Retrieved
698:the original
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676:. Retrieved
671:
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634:entity, the
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613:ThyssenKrupp
610:
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471:Hanyu Pinyin
401:
373:Subsidiaries
332:Total equity
315:Total assets
308: (2016)
284: (2016)
260: (2016)
256:77.341
200:Headquarters
173:Company type
122:
116:October 2016
113:
103:
96:
89:
82:
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58:Please help
53:verification
50:
848:20 February
575: [
221:Area served
1182:Categories
801:2016-10-03
704:2016-07-26
654:References
624:Deng Qilin
447:武漢鋼鐵(集團)公司
433:武汉钢铁(集团)公司
291:Net income
231:Key people
155:Trade name
86:newspapers
822:3 October
779:3 October
728:3 October
548:Xiangyang
24:Wisconsin
1165:Category
1049:Hansteel
678:30 April
568:Qingshan
502:Qingshan
184:Industry
165:Formerly
842:Reuters
602:Liuzhou
581:of the
554:History
542:plant,
391:Website
258:billion
244:Revenue
192:Founded
100:scholar
994:(51%)
540:Echeng
363:Parent
357:(100%)
102:
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81:
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1193:Baowu
722:(PDF)
672:WISCO
598:Ezhou
579:]
544:Ezhou
514:China
510:Hubei
506:Wuhan
498:WISCO
351:Owner
225:China
214:China
209:Hubei
205:Wuhan
160:WISCO
107:JSTOR
93:books
850:2017
824:2016
781:2016
759:2012
730:2016
680:2017
302:(CN¥
278:(CN¥
195:1955
79:news
405:in
342:CN¥
252:CN¥
62:by
1184::
840:.
738:^
670:.
619:.
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577:zh
527:.
516:.
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496:(
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123:(
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114:(
104:·
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30:.
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