CITIC Pacific Special Steel (000708.SZ) is China’s largest dedicated manufacturer of special steel with an annual production capacity of over 13 million tonnes. Our customised products are sold in China and more than 60 countries worldwide, with a wide range of applications in auto components, machinery manufacturing and shipbuilding as well as in the energy, transport and other industries. The company operates five steel plants, two raw material processing facilities and two plants for downstream and complementary products. Our commitment to the highest standard of quality, specialty R&D capabilities and long-term partnerships have set us apart.
In December 2023, CITIC Pacific increased its shareholding in the Nanjing Iron & Steel Group, further expanding its special steel business. Nanjing Iron & Steel Group has introduced an industry system known as “one body, four elements, and one chain”. “One body” refers to special steel materials and “four elements” the development of intelligent manufacturing, connectivity, new materials, and new energy and environmental solutions through its “Industry Operations+Industrial Investment” strategy. “One chain” encompasses the expansion of the industrial chain and supports increased internationalisation through the development of core overseas assets, such as Indonesia’s Azure High-Tech Group and Germany’s Kohler. Its subsidiary Nanjing Iron & Steel Co. Ltd (NISCO, 600282.SH) is an industry-leading, high-efficiency, full-process steel joint venture with an annual production capacity of 10 million tonnes. It has established itself as a global leader in the scale and efficiency of single medium-thick plate production, with a highly competitive production base for special long steel products and composite materials in China.
At CITIC Pacific Special Steel, we understand that our success is driven by meeting the specific needs of our diverse customers. Our commitment to open communication, innovation and tailored service has resulted in lasting and meaningful business relationships with some of the world’s leading manufacturers. We have established strategic cooperation with domestic and international companies including SKF of Sweden, China State Construction, Caterpillar, Sumitomo, Siemens, Saudi Aramco, ANDOC, NPCC, China State Shipbuilding and many more.
To better understand our customers’ evolving requirements, we host an annual sales and marketing conference, which helps us stay abreast of the latest market trends so we can ensure adequate capacity, stable supply and competitive pricing. In turn, our customers have the opportunity to see our facilities, learn about our latest product innovations and share their long-term needs.
Our special steel products include bars, plates, seamless steel tubes, forged steel, wires, casting billets, strip steel, deformed steel and clad plate.
