Brand & Manufacturer VerifiedChina
HBIS Group Co., Ltd.
HBIS
HBIS Group Co., Ltd. is a world-leading ultra-large steel group, consistently ranked among the Fortune Global 500. Formed through the merger of Tangsteel and Hansteel in 2008 and headquartered in Shijiazhuang, Hebei Province, its core steel assets are listed on the Shenzhen Stock Exchange through its subsidiary HBIS Company Limited (ticker: 000709). Operating through capital-intensive vertical integration, HBIS deeply focuses on metal structural materials within the full spectrum of building materials, offering a comprehensive portfolio spanning construction steel (high-strength rebar, sections, heavy plates), coated sheets (color-coated, Zn-Al-Mg coated steel for solar mounting), pre-stressed steel strand, light-gauge steel framing substrate, and hydrogen-based green steel. With 2024/2025 group revenue of approximately RMB 390-400 billion (around $55 billion), HBIS operates mega-scale production bases in Tangshan, Handan, Chengde, and Wuyang in China, along with the HBIS Serbia steel plant in Europe and PMC mining assets in South Africa, employs approximately 110,000-120,000 people, maintains crude steel capacity exceeding 40 million tons, and serves over 120 countries. Powered by the world's first 1.2-million-ton hydrogen metallurgy demonstration plant operating continuously, large-scale production of Zn-Al-Mg coated steel for solar mounting, and successful international operations exemplified by HBIS Serbia, HBIS is solidifying its position as a leading global supplier of metal building materials through its "green steel" strategy and full-industry-chain advantages.
Strengths: HBIS's core strength lies in its scale as China's second-largest steel group and leadership in full-category construction steel, with high-strength rebar, heavy plates, and coated sheets widely used in national mega-projects such as high-speed railways and nuclear power plants, holding a significant share in North China's infrastructure market. Its pioneering green metallurgy technology creates a low-carbon building materials moat, with the world's first 1.2-million-ton hydrogen metallurgy demonstration plant supplying "green steel" to BMW and Haier, providing first-mover advantages in the carbon tariff era. Mass production of Zn-Al-Mg coated steel (ZAM) has made it a core material supplier for solar mounting systems, deeply benefiting from the global new energy infrastructure boom. Successful international operations (HBIS Serbia, South African mining assets) provide strategic footholds to navigate trade barriers and expand into European and African markets.
Weaknesses: HBIS's primary weaknesses include a product mix still heavily weighted toward traditional construction long products (rebar, etc.), with profitability under sustained pressure due to sharp declines in domestic real estate new starts, placing the company in a painful period of capacity reduction and product mix upgrades. As a capital-intensive, high-energy-consumption state-owned enterprise, it faces significant "dual carbon" transition investment pressures, with ongoing capital expenditures required for environmental upgrades and hydrogen metallurgy commercialization. It lags domestic peers like Baowu and Ansteel in high-value-added segments such as automotive sheet and electrical steel. Overseas assets, particularly HBIS Serbia, face long-term compliance cost challenges under the EU Carbon Border Adjustment Mechanism (CBAM).Read MoreShow Less
Strengths: HBIS's core strength lies in its scale as China's second-largest steel group and leadership in full-category construction steel, with high-strength rebar, heavy plates, and coated sheets widely used in national mega-projects such as high-speed railways and nuclear power plants, holding a significant share in North China's infrastructure market. Its pioneering green metallurgy technology creates a low-carbon building materials moat, with the world's first 1.2-million-ton hydrogen metallurgy demonstration plant supplying "green steel" to BMW and Haier, providing first-mover advantages in the carbon tariff era. Mass production of Zn-Al-Mg coated steel (ZAM) has made it a core material supplier for solar mounting systems, deeply benefiting from the global new energy infrastructure boom. Successful international operations (HBIS Serbia, South African mining assets) provide strategic footholds to navigate trade barriers and expand into European and African markets.
Weaknesses: HBIS's primary weaknesses include a product mix still heavily weighted toward traditional construction long products (rebar, etc.), with profitability under sustained pressure due to sharp declines in domestic real estate new starts, placing the company in a painful period of capacity reduction and product mix upgrades. As a capital-intensive, high-energy-consumption state-owned enterprise, it faces significant "dual carbon" transition investment pressures, with ongoing capital expenditures required for environmental upgrades and hydrogen metallurgy commercialization. It lags domestic peers like Baowu and Ansteel in high-value-added segments such as automotive sheet and electrical steel. Overseas assets, particularly HBIS Serbia, face long-term compliance cost challenges under the EU Carbon Border Adjustment Mechanism (CBAM).
ChinaFounded 2008120K+10+ steel production bases in… / 100
In the press
All coverage →5 latest headlines1- BHP strengthens partnership with Chinas HBIS Group - BHPwww.bhp.com2023-12-08
- HBIS Group Co., Ltd.: Unique coke oven gas zero-reforming DRI process combined with EAF - worldsteel.orgworldsteel.org2023-11-08
- Interview with HBIS Serbia: "Supply of steel scrap for steel production is the biggest problem in Serbia" - SteelRadarwww.steelradar.com2023-05-15
- BHP signs Carbon Capture and Utilisation pilot agreement with China’s HBIS Group - BHPwww.bhp.com2023-03-27
- BHP and HBIS Group Sign Carbon Capture and Utilisation Pilot Agreement - ESG Newsesgnews.com2023-03-27
Headlines aggregated from public feeds. Sentiment tags are keyword-based, not editorial judgement.
HBIS Group:
• Independent Production + Full Process + Leading Position in North China
• Resource Integration + Regional Resource Optimization
• Technology Upgrading + Product Portfolio Optimization
• Green Transformation + Environmental Upgrade
Core Business Revenue Contribution
Business Segment | Revenue Contribution | Sales Volume | Position in China
Steel Plate Business | 50% | RMB 225 billion | Major Producer in China
Long Steel Business | 30% | RMB 135 billion | Major Producer in China
Steel Pipe Business | 10% | RMB 45 billion | Key Player in China
Other Businesses | 10% | RMB 45 billion | Supplementary Operations
Product Mix Distribution
Product Type | Revenue Contribution | Technical Features | Market Position
Hot-Rolled Products | Primary Contribution | Hot-rolled coils, medium-heavy plates | Significant in China
Cold-Rolled Products | Important Contribution | Cold-rolled coils, galvanized sheets | Significant in China
Long Steel Products | Important Contribution | Rebars, wire rods, profiles | Regional Market Leader
Special Steel Products | Supplementary Contribution | Special steel products | Important in Niche Markets
Financial Data Analysis 2023
Group Overall Financial Performance
Financial Metrics | 2023 Data | Year-over-Year Growth
Revenue | RMB 450 billion | +3.5%
Crude Steel Production | 40 million tons | +2.0%
Steel Product Output | 38 million tons | +2.5%
Total Assets | RMB 500+ billion | Steady Growth
Employee Count | 120,000 | Generally Stable
Business Performance Analysis
Steel Plate Business: Performance impacted by price fluctuations
Long Steel Business: Relatively stable demand from infrastructure construction
Overall Operations: Operating scale remained stable
Profitability: Profit margins face pressure
Production Base Layout Analysis
Main Production Base Distribution
Production Base | Scale | Main Products | Regional Position
Tangshan Base | Core Base | Steel plates, long steel products | Major Base in North China
Handan Base | Key Base | Steel plates, special steel | Major Base in North China
Chengde Base | Key Base | Vanadium-titanium products, steel | Specialty Products Base
Other Bases | Supplementary Capacity | Diversified products | Regional Supplement
Capacity Characteristics
Concentrated Layout: Concentrated in North China region
Scale Advantages: Large-scale production advantages
Regional Synergy: Regional collaborative effects
Logistics Advantages: Significant logistics cost advantages
Steel Plate Business Strength Analysis
Steel Plate Business Scale
Business Metrics | 2023 Data | Position in China
Steel Plate Output | 20+ million tons | Major Chinese steel plate producer
Product Range | Comprehensive | Complete and diverse product lines
Technical Level | Continuously Improving | Steady advancement in technical capabilities
Market Share | Significant Share | Considerable market influence
Technical Features
Hot-Rolling Technology: Continuous improvement in hot-rolling technology
Cold-Rolling Technology: Advancement in cold-rolling technology
Surface Treatment: Optimization of surface treatment technology
Quality Control: Comprehensive quality control system
Long Steel Business Regional Advantage Analysis
Long Steel Business Scale
Business Metrics | 2023 Data | Regional Position
Long Steel Output | 12+ million tons | Major Producer in North China
Product Range | Comprehensive | Meeting regional demand
Regional Market | Dominant Position | Strong regional market control
Customer Base | Stable and Reliable | Stable customer relationships
Company: HBIS Group Co., Ltd. | Field: Core
Hebei Iron and Steel Group is the second-largest steel production enterprise in China, specializing in full-process steel manufacturing in the metal smelting sector, with scale advantages, regional layout, and product diversification as its core competitive advantages:
Pig Iron — [Core Raw Material Category]
Blast Furnace Hot Metal: Blast furnace hot metal production core raw material
Foundry Pig Iron: Pig iron products for casting applications
Raw Material Supply: Steel production raw material assurance
Billets — [Key Semi-Finished Product Category]
Continuous Casting Billets: Various continuous casting billet production
Billets Processing: Billet deep processing capabilities
Semi-Finished Product Supply: Downstream processing raw material supply
Scrap Steel — [Circular Economy Category]
Scrap Steel Utilization: Scrap steel recycling and processing
Electric Arc Furnace Steelmaking: EAF short-process steelmaking
Resource Recycling: Resource circular utilization practices
Alloy Additives — [Specialty Raw Material Category]
Ferroalloys: Various ferroalloy products
Alloying Elements: Alloying element additives
Specialty Alloys: Specialty alloy raw material supply
Steel Semi-Finished Products — [Intermediate Product Category]
Semi-Finished Steel: Various steel semi-finished products
Processing Raw Materials: Deep processing raw material supply
Customized Products: Customer-specific semi-finished products
Hot-Rolled Plates — [Important Finished Product Category]
Hot-Rolled Coils: Hot-rolled steel coils
Medium-Heavy Plates: Medium-heavy steel plates
Hot-Rolled Profiles: Hot-rolled section steel
Cold-Rolled Coils — [High Value-Added Category]
Cold-Rolled Coils: Cold-rolled steel coils
Precision Cold Rolling: Precision cold-rolled sheets
High-End Products: High value-added products
Quick Facts
Headquarters
Shijiazhuang, Hebei, China
Founded
2008
Employees
120K+
Factories
10+ steel production bases in China (Hebei); 1 fully-owned mill in Serbia; processing centers in Europe, Americas, Southeast Asia
Presence
10+ Countries
Listing
Publicly Listed
Categories
16 categories · scroll for more
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Data Sources & Methodology
This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.
VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.
Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.
Key references: HBIS Group Official Website
HBIS — Group Profile
HBIS — Fortune Global 500 17 Consecutive Years
HBIS Serbia — 2025 News & Achievements
World Steel Association — World Steel in Figures 2026