General Steel Holdings

General Steel, headquartered in Beijing, China, produces a variety of steel products including rebar, high-speed wire and spiral-weld pipe. The company has operations in China's Shaanxi and Guangdong provinces, Inner Mongolia Autonomous Region, and Tianjin municipality with 7 million metric tons of crude steel production capacity under management.

Latest News

Chinese Steelmaker Enters Clean Technology Sector

16 September 2015 - China's General Steel Holdings Inc. is acquiring a majority equity stake in a manufacturer of industrial ceramics and a product used in systems that reduce air pollution, the company has announced.

General Steel Announces the Appointment of New Chief Executive Officer

27 July 2015 - General Steel Holdings, Inc. ("General Steel" or the "Company"), a leading non-state-owned steel producer in China, announced the appointment of Ms. Yunshan Li as its Chief Executive Officer effective immediately.

General Steel Reports First Quarter 2015 Financial Results

21 May 2015 - General Steel Holdings, Inc., a leading non-state-controlled steel producer in China, today announced its financial results for the first quarter ended March 31, 2015.

General Steel's JV Launches UHF RFID Tag and Cloud-based Internet-of-Things Platform

10 April 2015 - General Steel Holdings, Inc., a leading non-state-controlled steel producer in China, announced its majority-owned joint venture, Tianjin General Shengyuan IoT Technology Co., Ltd. launched a new UHF RFID tag for iron and steel, and a cloud-based Internet-of-Things platform for steel logistics and bulk commodity management.

General Steel Reports Fourth Quarter and Full-Year 2014 Financial Results

02 April 2015 - General Steel Holdings, Inc., a leading non-state-controlled steel producer in China, announced its financial results for the fourth quarter and full-year ended December 31, 2014.

General Steel Establishes RFID Company

18 February 2015 - General Steel Holdings, Inc. ("General Steel" or the "Company") (NYSE: GSI), a leading non-state-owned steel producer in China, announced today that the Company, through its previously-announced joint venture with a team of Radio-Frequency Identification ("RFID") experts, has completed the establishment of a new RFID logistics company and appointed Michael Au as CEO of the new company named Tianjin General Shengyuan IoT Technology Co., Ltd. ("General Shengyuan IoT").

General Steel Forms Joint Venture to Develop Internet-of-Things Solutions

11 February 2015 - General Steel Holdings, Inc., a leading non-state-owned steel producer in China, announced that the Company has reached a definitive agreement ("the Agreement") to form a joint venture with a team of radio-frequency identification ("RFID") experts (the "Expert Team"), to develop and commercialize RFID technology data solutions.

General Steel and Tewoo Group Sign MoU to Co-Develop Bulk Commodity e-Commerce

17 October 2014 - General Steel Holdings Inc., a non-state-owned steel producer in China, has signed a memorandum of understanding (MOU) with Tewoo Group Co. Ltd., a Fortune Global 500 company, to co-develop bulk commodity e-commerce business.

General Steel Estimates Earnings per Share of $0.08 to $0.12 for the Second Half of 2014

27 June 2014 - General Steel Holdings, Inc. ("General Steel" or the "Company") (NYSE: GSI), a leading non-state-owned steel producer in China, today announced that the Company is confident in its business turnaround and currently estimates earnings per share ("EPS") of $0.08 to $0.12 for the second half of 2014.

General Steel Signs Direct Iron Ore Supply Agreement with Rio Tinto

18 April 2014 - General Steel Holdings Inc., a non-state-owned steel producer in China, announced that its principal manufacturing facility, Shaanxi Longmen Iron and Steel Co. Ltd., has signed a supply agreement with Rio Tinto Iron Ore Asia Pte. Ltd. for procurement of imported iron ore in 2014, commencing from 1 April 2014.

General Steel Included in China's Qualified Steelmaker List

10 January 2014 - General Steel Holdings, Inc. announced that its principal manufacturing facility, Shaanxi Longmen Iron and Steel Co., Ltd., has been included in the List of Enterprises Fulfilling the Iron and Steel Industry Specification released by the Ministry of Industry and Information Technology of the People's Republic of China (MIIT).

General Steel Receives Notice Regarding NYSE Listing Criteria

04 October 2013 - General Steel Holdings, Inc., a leading non-state-owned steel producer in China, announced that on 26 September 2013, it received a notice from the New York Stock Exchange (NYSE) that the company is currently below the NYSE's continued listing standards.

General Steel Optimistic on Second Half as It Reports Second Quarter Results

30 August 2013 - General Steel Holdings, Inc., a leading non-state-owned steel producer in China, announced financial results for the second quarter noting that it is encouraged to see an improvement in the pricing trend of steel in China and is optimistic about its ability to enhance profitability in the second half of 2013.

General Steel Forging Ahead Despite Challenging Macro Environment

08 August 2013 - General Steel Holdings, Inc., a leading non-state-owned steel producer in China, announced its results for the first quarter which was marked by a challenging macro environment.

General Steel Appoints Industry Veteran as Vice President of Strategy & Operations

26 April 2013 - General Steel Holdings, Inc., a non-state-owned steel producer in China, announced the appointment of Mr. Yanqi Liu, a senior executive with over 45 years of extensive experience in the steel industry, as the company's vice president of strategy and operations.

General Steel Constructs Additional Advanced-Rebar-Rolling Production Line

11 March 2013 - General Steel Holdings' Longmen Joint Venture has begun construction of an additional continuous advanced-rebar-rolling production line in China.

General Steel Provides Operational Update for First Half of 2012

27 September 2012 - General Steel Holdings, Inc., one of China’s leading non-state-owned producers of steel products and aggregators of domestic steel, today announced select preliminary financial results for the first half of 2012 and provided an update on its operations and strategic initiatives.

General Steel Begins Construction on Advanced Rebar Production Line at Longmen Joint Venture

19 September 2012 - General Steel Holdings, Inc. announced its plan to initiate construction on a state-of-the-art, 900,000 tonne seismic-grade rebar production line at its principal manufacturing facility, Longmen Joint Venture, located in Hancheng City, Shaanxi Province, China.

General Steel Subsidiary Signs Materials Sourcing and Production Agreement

18 July 2012 - General Steel Holdings, Inc. announced that its 99%-owned subsidiary, Maoming Hengda Steel Co. recently signed an agreement under which it will purchase steel billet from one company and sell rebar manufactured from this steel billet to another at a fixed markup of RMB 200 per tonne (approximately USD $31.85).