Sinosteel Corporation abbreviated as Sinosteel is a central enterprise under the administration of the State-Owned Assets Supervision and Administration Commission. There are 86 subsidiaries under the administration of Sinosteel, among which 63 are in China and 23 abroad. In 2009, the core businesses revenue of Sinosteel reached RMB 164 billion, ranking the 352nd of World Top 500 according to the 2010 Fortune's list.

SINOSTEEL ZHEJIANG CO., LTD. is a regional subsidiary company of Sinosteel Corporation founded in coastal city Ningbo in Sep. 2006. It mainly engages in the import, export, domestic trade and trade agent of product from Sinosteel Corporation. Now it has become an important window of SINOSTEEL in Zhejiang province.

Sinosteel Zhejiang will continually keep the trend of fast and stable development. Under the direct guidance of SINOSTEEL, it will take economic profit as business center and improve inside administration to achieve higher profit. It will also endeavor to take trade as its main business and focus on it to make innovation on both business and management level and take part in the cooperation and competition with worldwide companies in broader fields and more level.