Wuhan Iron and Steel Corporation (WISCO) is a Chinese state-owned enterprise. It started to operate in 1958 in,,, . It was administered by (SASAC), but in 2016 it was merged with fellow SASAC supervised steel maker . According to the (Chinese companies data was provided by
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Wuhan Iron and Steel Corporation (WISCO) is a Chinese state-owned enterprise. It started to operate in 1958 in Qingshan, Wuhan, Hubei, China. It was administered by State-owned Assets Supervision and Administration Commission of the State Council (SASAC), but in 2016 it was merged with fellow SASAC supervised steel maker Baosteel Group.
The company has been featured in various media outlets, including China Securities Journal and Securities Times. The company's financial performance is closely watched by investors and analysts. In 2019, Wuhan Iron and Steel Corporation reported a net profit of 1.36 billion yuan. The company's media presence is not limited to traditional outlets.
Wuhan Iron and Steel was acquired by Baosteel at the end of 2016, creating the Baowu Iron and Steel Group. This acquisition marked a significant shift in the company's operations and production capacity. The company's blast furnaces play a crucial role in iron production.
The company was the 11th largest steelmaker in the world, producing around 26 million tonnes of steel in 2015. Wuhan Iron and Steel was acquired by Baosteel at the end of 2016, creating the Baowu Iron and Steel Group. This acquisition marked a significant shift in the company's operations and production capacity.
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