Located in Loudi City, Hunan Province, LY Steel was established and put into operation in 1958. By now it has developed the integrated scale of 4.5 million ton turnout, with total assets of RMB 25.68 billion yuan and employees on duty around 15,400, of which the sales revenue reached 21.6 billion yuan in 2008.

Nowadays, LY Steel has become the major sheet production base in Central South of China, boasting the complete—process of coking, sintering, iron making, steelmaking and steel rolling. Of which there are six blast furnaces with effective cubage of 4086m³ and annual production capacity over 4.2million tons of pig iron, three 100t BOF, one hot and one cold rolling line for thin sheet, three steel rolling lines for bar and narrow strip, running total rolling capacity over 4.8 million tons.

The products are delivered to most provinces, cities and autonomous regions in China and exported to Southeast Asia, Europe, America and other nations and regions. “Shuangling” hot—rolled rebar has won National Silver Medal (the highest) for three consecutive times and Gold Cup Prize among national metallurgical products for two times. And the hot rolled thin strip has also been awarded the same Gold Cup Prize.  

The company has won Nationwide Advanced Unit for Customer’s Satisfaction, Nationwide Advanced Enterprise of Good Quality and High Efficiency, Nationwide May 1st Labor Prize, National Top Corporation in Quality Management, National Model of Workers Family and other honorable titles. The registered trademark “Shuangling” was conferred with China Well—own Trademark by the State Administration for Industry & Commerce in 2006. LY Steel was awarded the title of National Advanced Unit in the Building of Spiritual Civilization by the Central Steering Committee for the building of spiritual civilization and National Advanced Unit in Steel Industry by the Ministry of Human Resources and Social Security and the Chinese Iron and Steel Association in 2008.

Looking forward to the future, LY Steel will follow the guidance of scientific development concept, vigorously promote the core value of “redibility, Harmony and Innovation” speed up the implementation of the development strategy of “op quality products plus product differentiation” promote the third round of undertaking, endeavor to build LY Steel into both a high—ality sheet production base with rational structure, top efficiency, beautiful environment and sustainable development, and a prominent enterprise with long lasting competitiveness

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