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Wuhan Iron and Steel Company Limited known as WISCO (and formerly WGGF, abb. of pinyin: Wǔgāng gǔfèn), is a subsidiary of listed steel maker Baoshan Iron and Steel; Wuhan Iron and Steel Co., Ltd. was a subsidiary of state-owned Wuhan Iron and Steel Corporation until 2016. The main business was the steel plant in Qingshan District, Wuhan, while the parent company had transformed from steel making company to holding company and M&A vehicle.

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  • Wuhan Iron and Steel Company Limited (en)
rdfs:comment
  • Wuhan Iron and Steel Company Limited known as WISCO (and formerly WGGF, abb. of pinyin: Wǔgāng gǔfèn), is a subsidiary of listed steel maker Baoshan Iron and Steel; Wuhan Iron and Steel Co., Ltd. was a subsidiary of state-owned Wuhan Iron and Steel Corporation until 2016. The main business was the steel plant in Qingshan District, Wuhan, while the parent company had transformed from steel making company to holding company and M&A vehicle. (en)
foaf:homepage
name
  • Wuhan Iron and Steel Company Limited (en)
dcterms:subject
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sameAs
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  • p (en)
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area served
  • China (en)
assets
equity
equity year
footnotes
  • in consolidated financial statement (en)
homepage
industry
  • Iron and steel (en)
l
  • Wu[han] Steel Limited (en)
location city
location country
  • China (en)
order
  • st (en)
owner
p
  • Wǔgāng gǔfèn (en)
  • Wǔgāng yǒuxiàn (en)
  • Wǔhàn gāngtiě yǒuxiàn gōngsī (en)
revenue
  • (en)
  • CNY 58.338 1,000,000,000 (en)
revenue year
s
  • 武汉钢铁有限公司 (en)
  • 武钢有限 (en)
  • 武钢股份 (en)
t
  • 武漢鋼鐵有限公司 (en)
  • 武鋼有限 (en)
title
  • Wuhan Iron and Steel Company Limited (en)
type
  • subsidiary (en)
has abstract
  • Wuhan Iron and Steel Company Limited known as WISCO (and formerly WGGF, abb. of pinyin: Wǔgāng gǔfèn), is a subsidiary of listed steel maker Baoshan Iron and Steel; Wuhan Iron and Steel Co., Ltd. was a subsidiary of state-owned Wuhan Iron and Steel Corporation until 2016. The main business was the steel plant in Qingshan District, Wuhan, while the parent company had transformed from steel making company to holding company and M&A vehicle. On 21–22 September 2016, a merger between Baosteel Group and Wuhan Iron and Steel Corporation was announced. Wuhan Iron and Steel Company Limited would be takeover by the listed counterpart of Baosteel Group in an all-share deal, while all the rights of Wuhan Iron and Steel Corporation would be transferred to Baosteel Group, as both corporations were supervised by the same entity State-owned Assets Supervision and Administration Commission of the State Council. On 7 July 2016, after a heavy net loss in 2015, Wuhan Iron and Steel Corporation also announced the group would reduce their production capacity by 4.42 million metric tons, which Wuhan Iron and Steel Co Ltd would be cut 1.40 million metric tons, or about 31.7% of the group total. (en)
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net income year
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