The Second Strategic Transformation
Jiangxi PXSteel Industrial Co., Ltd. (formerly PXSteel Co., Ltd., hereinafter referred to as PXSteel) has three branches of Pingxiang Branch, Anyuan Branch and Jiujiang Branch and three subsidiaries of Ningbo PXSteel Trade Co., Ltd., Pingxiang Iron and Steel Metallurgical Construction Co., Ltd. and Jiangsu PXSteel Industry and Trade Co., Ltd., and is a high-growth modern iron and steel complex with an annual production capacity of 10 million tons of steel and also one of the top 500 national enterprises and top 50 national private enterprises.

PXSteel has the obvious characteristic and advantage of excellent management, and its cost of main products is the lowest in China, nearly RMB 200 per ton lower than the average cost of the industry. After being acquired by Feishang in 2003, PXSteel increased the production capacity from 2 million tons to 4 million tons in two years (for double times). By the end of 2010, PXSteel’s sales revenue exceeded RMB 30 billion.

PXSteel has passed the three system certifications of ISO9000 Quality System, ISO14001 Environmental Management System and OHSAS18001 Occupational Safety and Health Management System, and has main products of three series of multi-specification twisted steel, high-speed wire rod and small material, with businesses radiating more than ten provinces, cities and autonomous regions and products exported to the US, Canada, Hong Kong and other countries and regions.
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