Hebei Xinda Steel Group Co., Ltd. was established on October 16, 2002. It is located in Qian'an Economic Development Zone, Hebei Province. It is affiliated to the Steel Division of Hebei Xinda Group. It has a registered capital of 1.68 billion yuan and mainly engages in the steel business. The company relies on the mineral resources of the region and the group and takes advantage of national and local industrial policies to continuously optimize its structure and integrate resources. Now, it has a series of production lines for sintering, ironmaking, steelmaking, steel rolling, oxygen production, power generation, sewage treatment, and supporting environmental protection and energy-saving facilities. The production process is computer-controlled. Hebei Xinda Group has five major industrial sectors: Steel Division, Precision Casting Division, Mining Division, Real Estate Division, and Trading Division. The main products of the steel business include rebar, round steel, rebar coil, coiled rounds, hot-rolled strip steel, H-shaped steel, I-beam, angle steel, channel steel, U-shaped steel, steel sheet piles, etc.