Silvertone Group is a large-scale iron and steel group with a good variety of products of different types and specifications as well as high percentages of technological content and high value-added products among China’s private iron and steel enterprises. Its production bases include Hebei Hanxing Iron and Steel Base, Hebei Puyang Iron and Steel Company Limited, Hebei Wenfeng Iron and Steel Company Limited, Hebei Xinjin Iron and Steel Company Limited, and Hebei Xinghua Iron and Steel Company Limited, etc. At present, its production capacity of iron and steel is 20 million tons, and its annual demand of iron ores is 35 million tons. The Group is mainly engaged in production of plate and pipe materials, and also engaged in production of bar and wire materials. Its high-grade products (e.g. automobile plate, vessel plate, home appliance plate, pipeline steel, and oil pipe) have the biggest market share in China. With implementation of new development strategy, the Group is speeding up the integration of its operation, and is focusing on developing the iron and steel products that have important influence on market, require investment during adjustment of iron and steel industrial structure and can compete with world-class products of the kind, in order to improve its comprehensive competitive ability in the iron and steel industry.
