On the enlarged meeting of the fourth standing committee of the third section of China Iron and Steel Association (CISA), Shan Shanghua, general secretary of CISA, said that, the top ten iron and steel companies had a crude steel production of 109.1933 million tons during the first half year, taking a share of 41.37% of the whole, and the industry centralization ratio went up by 5.28 percent. The integration and reform of iron and steel companies in Shandong Province contributed a lot to the increase of industry centralization ratio in iron and steel industry.

 

During the first half, Shandong Iron and Steel Group, Guangdong Iron and Steel Group and Hebei Iron and Steel were established successively, boosting the integration and reform of companies in iron and steel industry, and helping to lift the industry concentration ratio. If not take the three groups mentioned above into consideration, the top ten crude steel producers had a production totaled 95.2874 million tons during the six months of 2008, taking a share of 36.20%.