Henan Xibao Metallurgy Materials Group

What Henan Xibao Metallurgy Materials Group does

Henan Xibao Metallurgy Materials Group Co., Ltd. is one of China's oldest and largest high-technology manufacturers of metallurgical equipment and functional materials, founded in 1969 and headquartered in Henan Province, China. The company operates 10 subsidiaries (8 wholly-owned, 2 controlled), employs between 1,001 and 5,000 people, and is privately held with no public shareholders or external private equity evident in the available data. Its core product portfolio spans functional and protective metallurgical materials (slag-forming mixtures, thermal-insulating mixtures, refining synthetic mixtures, welding fluxes, powder wires, ferroalloys, refractories, and metal flow components) plus metallurgical equipment (CC rollers, CCM starters, conveyor rollers). Production capacity exceeds 160,000 tons/year of slag-forming mixtures, 380,000 tons/year of auxiliary materials, 70,000 tons/year of isostatic metal wire products, and 10,000 sets/year of CC rollers.

The company's technology base rests on 63 registered patents (including 49 invention patents and 3 national key new products) and proprietary formulations such as the XB-SJ101G welding flux used in the China-Russia East Line Gas Pipeline, and silicon-based thermal insulation mixtures with consumption rates of approximately 0.4 kg per ton of steel. It holds a CNAS-certified state-level central laboratory, CE certification for welding fluxes, Rostechnadzor licensing for Russian hazardous-production welding applications, TMK Group supplier certification, and SKF quality management certification. Reported revenue was USD 700 million in 2016 and approximately CNY 12.8 billion (~USD 1.8 billion) in 2023, with domestic market coverage exceeding 90% and market share above 60%.

Xibao Group serves more than 150 Chinese steel manufacturers (Baowu, Anshan, Shagang, Shougang, Hesteel) and 50+ international steel producers across Russia, Iran, Turkey, India, Thailand, South Korea, Japan, Vietnam, Malaysia, Kazakhstan, Qatar, Syria, Indonesia, Taiwan, and Belarus. Go-to-market is direct-sales-led, executed through senior leadership visits, technical audits, long-term supply agreements, and trade show participation (Metall-Expo, ISCON). International expansion is anchored by OOO SIBU INDUSTRIAL, a wholly-owned Russian subsidiary in the Lipetsk Special Economic Zone established in 2021, a Moscow representative office, and a Korean joint venture formed in 2015. Strategic partnerships include PAO NLMK (July 2024), Qarmet Kazakhstan (June 2024), PetroChina (China-Russia East Line Gas Pipeline), Severstal, TMK, ChMK, and BMZ. Dealer/distribution activities resell bearings, rolls, cardan shafts, and mechanical components from Chinese machinery manufacturers.

Name

Henan Xibao Metallurgy Materials Group

Legal name

Henan Xibao Metallurgy Materials Group Co., LTD

Website

https://xibaogroup.com

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Henan Xibao Metallurgy Materials Group is a privately-held Chinese manufacturer of functional metallurgical materials (slag-forming mixtures, welding fluxes, refractories) and metallurgical equipment (CC rollers), serving over 150 domestic and 50+ international steel companies across China, Russia, CIS, and Asia.

Ownership category

akta.pro rank

Product category

Metallurgical Materials and Equipment

NAICS

Rolling Mill and Other Metalworking Machinery Manufacturing (333519), All Other Fabricated Metal Product Manufacturing (33299)

SIC

Metalworkg Machinery & Equipment (3540), Metal Forgings & Stampings (3460)

akta.pro primary industry

Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping) (IMAHADAC)

akta.pro secondary industry

Specialty & Alloy Steel (Stainless, Tool Steel, Electrical Steel, High-Strength/HSLA) (IMAKABAJ)

Keywords

• Metallurgical consumables
• Ferroalloy production
• Refractory materials
• Continuous casting equipment
• Welding fluxes

Headquarters

HQ city

Xixia

HQ country

China

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Sale of Functional and Protective Metallurgical Materials: Core revenue from manufacturing and selling functional and protective materials including slag-forming mixtures (ШОС), thermal-insulating mixtures (ТИС), welding fluxes, powder wires, refractories, and metallurgical wire products. Revenue from the CIS market represented the 5th largest market among all markets in 2016. Total company revenue in 2016 was USD 700 million.
2. Metallurgical Equipment Manufacturing and Export: Production and export of metallurgical equipment including CC rollers, conveyor rollers, continuous casting equipment, and related spare parts. This division has been operational since 2003 and secured its first overseas order in Q1 2024 (to AMK/FORT in Russia). The division has a modern production workshop of over 30,000 square meters.
3. Dealer/Distribution Products: Resale of machinery products from Chinese manufacturers for rolling, converter, and blast furnace production, including bearings, spindles, rolls, cardan shafts, bearings housings, seals, hoses, and non-standard mechanical components.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Henan Xibao Metallurgy Materials Group manufactures and supplies metallurgical functional materials and equipment used in steelmaking and continuous casting, including slag-forming mixtures (ШОС), thermal-insulating mixtures (ТИС), welding fluxes, powder welding wires, refractory products, ferroalloys, refining synthetic mixtures, tundish nozzles and CCM rollers. The group sells these products and continuous casting equipment directly to integrated steel mills and pipe producers worldwide.

Product overview

Henan Xibao Metallurgy Materials Group Co., LTD is one of China's oldest and largest high-tech manufacturers of metallurgical equipment and functional materials. The company's product portfolio centers on core production lines for converter, blast furnace, and rolling mill operations, organized into five main categories: (1) Ferroalloys including FeMn, FeSi, SiMn, FeCr, C-Mn-Fe alloys and aluminum ingots for steel deoxidation and alloying; (2) Refractories including magnesia-carbon bricks, castables, gunning masses, and repair materials; (3) Metal Flow Components including protective tubes, stopper-monobloc assemblies, ladle shrouds, submerged entry tubes, and sliding gate plates for continuous casting control; (4) Slag-Forming Mixtures (SFM) for various steel types and Thermal Insulation Mixtures (TIM) for steel ladle and tundish insulation; (5) Welding Fluxes in sintered and fused types for submerged arc welding applications. The company also produces auxiliary materials (graphitized electrodes, carburizers, magnesia), CCM rollers, and refining synthetic mixtures. Through dealer partnerships, the company supplies bearings, support and rolling mill rollers, conveyor rollers, cardan shafts, and mill rolls. The integrated product ecosystem serves the complete steelmaking and casting workflow from converter to finished product.

Differentiator

Problem solved

Functional benefit

Products and services

• Slag-forming mixtures (ШОС) Proprietary slag-forming consumable mixtures used in steelmaking ladle treatment to absorb inclusions and protect molten steel; supplied to integrated steel mills.
• Thermal-insulating mixtures (ТИС) Silicon-based thermal-insulating mixtures applied on top of molten steel in ladles and tundishes to reduce heat loss during steel transfer and casting.
• Welding fluxes Ceramic and fused welding fluxes for submerged-arc welding of steel pipes and structures, qualified to TMK and other major pipe producers.
• Powder welding wires Powder-cored welding wires for automated and semi-automatic welding of steel structures and pipelines.
• Refractory products Refractory bricks, mixes and shaped products used as linings in ladles, tundishes and steelmaking furnaces.
• Ferroalloys Ferroalloy products used as alloying additions in steel production to achieve target chemistry and mechanical properties.
• Refining synthetic mixtures Synthetic ladle-refining mixtures used during secondary metallurgy to desulfurize, deoxidize and clean molten steel.
• Metal flow components (tundish nozzles, shrouds) Refractory-based metal flow control components used in continuous casting to regulate steel flow from tundish to mold.
• Continuous casting machine (CCM) rollers Rollers and segment assemblies for continuous casting machines used in slab, bloom and billet casting lines.
• Continuous casting equipment and lines Complete continuous casting equipment, including integrated casting lines, supplied to steel mills and metallurgical OEMs.

Quantifiable outcome

• CC roller production capacity over 10,000 sets/year
• +6 more outcomes

Named customers12 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

20 partnerships are on record, tiered core, major, flagship and minor.

• OOO SIBU INDUSTRIAL (СИБУ ИНДАСТРИЭЛ)coreStrategic or Co-development PartnerRussian subsidiary of Xibao Group, established in 2021 as a resident of the Lipetsk Special Economic Zone. This is the primary manufacturing and market entry vehicle for Xibao in Russia. The subsidiary was visited by Chinese Embassy Minister-Counselor Liu Jun in December 2025 and by Chinese Ambassador Zhang Hanhui in January 2026, highlighting its strategic importance.
• PAO RosNITI (РосНИТИ)majorStrategic or Co-development PartnerRussian Research Institute of Refractories issued certification and qualification certificates for Xibao's slag-forming mixtures and custom refractories, enabling entry into the TMK Group supply chain.
• PAO NLMK (Новолипецкий металлургический комбинат)flagshipStrategic or Co-development PartnerStrategic cooperation agreement signed in Shanghai in July 2024 covering new metallurgical materials and new alloys. NLMK is the largest steel producer in Russia with annual production of approximately 17 million tons. The agreement includes technology cooperation in continuous casting and expansion of the Xibao Russian production base.
• AO Qarmet (Казахстанская металлургическая компания)majorStrategic or Co-development PartnerStrategic cooperation framework agreement signed during the Dragon Boat Festival. Xibao Group supplies protective products and refractories for steel casting, including serial deliveries of slag-forming mixtures. Qarmet is the largest steel company in Central Asia with 3.5 million tons of steel production in 2024.
• South Korea Refractory Company (ОАО огнеупоры Южной Кореи)majorStrategic or Co-development PartnerStrategic cooperation agreement signed on December 5, 2014. After a one-year preparation period, a joint venture was established in October 2015. The partnership enables Xibao to serve Korean steel companies including Hyundai SteelWorks and Pohang SteelWorks.
• Baosteel — SKF PartnershipcoreTechnology or IntegrationXibao's metallurgical equipment division passed SKF quality management system certification and became an SKF partner in developing and testing a new fully sealed, maintenance-free ConRo continuous casting roller at Baosteel.
• German Certification BodymajorTechnology or IntegrationGerman certification experts conducted a comprehensive evaluation of Xibao's welding flux production system under EU safety directives. Xibao passed CE certification on the first attempt, gaining the right to apply CE marking for the European market.
• PAO TMK (Трубная Металлургическая Компания)coreChannel Partner/ Reseller/ DistributorXibao Group has been certified as an approved supplier for TMK Group enterprises for slag-forming mixtures and custom-design refractories, included in the approved supplier register.
• PAO Severstal (Северсталь)coreChannel Partner/ Reseller/ DistributorSeverstal conducted quality management system audits of Xibao facilities in 2016 and 2023, praising the production level and professionalism. Active collaboration on protective tubes and stopper-monoblock products.
• PAO NLMK (НЛМК) — Xinli SteelcoreChannel Partner/ Reseller/ DistributorNLMK/Xinli Steel and Xibao have maintained pragmatic and sustainable cooperation across multiple areas since establishing relations. Various products including powder for continuous casting molds and three main components of continuous casting ensure stable batch supplies. NLMK delegation visited Xibao headquarters in October 2024.
• PAO ChMK (Челябинский металлургический комбинат)majorChannel Partner/ Reseller/ DistributorChMK delegation conducted an audit visit in June 2015 to review production facilities. Joint work on developing slag-forming mixture analogs for use at ChMK.
• OAO BMZ — Belarusian Metallurgical WorksmajorChannel Partner/ Reseller/ DistributorBMZ delegation conducted a technical audit in April 2017, visiting production facilities and expressing interest in expanding partnership and increasing supply volumes.
• PAO MMK — Magnitogorsk Metallurgical CombinecoreChannel Partner/ Reseller/ DistributorMMK participated in the Metall-Expo exhibition alongside Xibao. Listed among major Russian metallurgical companies served by Xibao.
• OAO Novogrudsky Zavod Gazovoi Apparatury (НЗГА)minorChannel Partner/ Reseller/ DistributorWelding flux supply for annual plant requirements. NZGA is one of the leaders in gas apparatus production in Russia and the CIS.
• PetroChina Group — Bohai EquipmentmajorChannel Partner/ Reseller/ DistributorSupply of welding flux for CNPC Bohai Equipment manufacturing large-diameter oil and gas pipelines. In 2020, flux supply volume increased 74.3% year-over-year. Project also includes supply for the China-Russia East Line Gas Pipeline.
• AMK/FORT (Metalururgical Combine FORT)majorChannel Partner/ Reseller/ DistributorSupply of CC rollers for continuous casting and components. First overseas order for Xibao's metallurgical equipment division, delivered in Q1 2024.
• MCC Southern (China)minorChannel Partner/ Reseller/ DistributorInternational customer for metallurgical equipment from Xibao's equipment division.
• Hyundai Steel (South Korea)minorChannel Partner/ Reseller/ DistributorInternational customer for metallurgical equipment from Xibao's equipment division.
• Cadmer Steel Company (Turkey)minorChannel Partner/ Reseller/ DistributorInternational customer for metallurgical equipment from Xibao's equipment division.
• Malaysia Steel WorksminorChannel Partner/ Reseller/ DistributorInternational customer for metallurgical equipment from Xibao's equipment division.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• SMS group: SMS group is a German-based global leader in metallurgical plant construction and continuous casting equipment. Comparable to Xibao's equipment division (CC rollers, CCM starters), though SMS group operates as a much larger, full-line metallurgical OEM serving global steelmakers across all process stages.
• RHI Magnesita: RHI Magnesita is the world's largest refractories supplier with broad product portfolios serving steel, cement, glass, and non-ferrous metals. Comparable to Xibao because both produce magnesia-based refractories, gunning masses, and functional materials for continuous casting, though RHI Magnesita operates at global scale with much broader end-market exposure.
• ESAB Corporation: ESAB is a global leader in welding and cutting products, including submerged-arc welding fluxes comparable to Xibao's XB-SJ series. Both supply welding consumables for pipeline, pressure vessel, and structural fabrication, though ESAB operates globally with a much broader welding product portfolio and brand recognition.
• Lincoln Electric Holdings: Lincoln Electric is a global welding products and solutions provider with substantial welding flux and consumables offerings. Comparable to Xibao's welding flux business (XB-HJ, XB-SJ series), particularly in pipeline and structural applications, though Lincoln Electric operates at significantly larger global scale across welding equipment and consumables.
• Danieli & C. Officine Meccaniche: Danieli is an Italian global supplier of equipment and plants for the metals industry, including continuous casting machines and rolling mills. Comparable to Xibao's equipment manufacturing division (CC rollers, conveyor rollers, CCM starters), though Danieli operates as a much larger integrated metallurgical OEM with global project execution capabilities.
• Harbison-Walker International (HarbisonWalker International): Harbison-Walker International is a major North American producer of refractories serving steel, aluminum, cement, and glass industries. Comparable to Xibao's refractories business, including monolithic refractories, gunning mixes, and functional materials for steelmaking, though HarbisonWalker has stronger North American footprint rather than CIS/Asian focus.

Direct peers

• Puyang Refractories Group: Puyang Refractories Group is a leading Chinese manufacturer of refractories, unshaped refractory products, and metallurgical functional materials. Directly competes with Xibao in China's domestic market for steel-mill refractories, slag-forming materials, and continuous casting consumables, serving overlapping Chinese steelmaker customers.
• Dandong Xinfeng Refractories: Dandong Xinfeng Refractories is a Chinese refractory manufacturer specializing in continuous casting refractories, tundish linings, and functional materials. Directly comparable to Xibao's refractories and continuous casting consumables business, serving similar Chinese steelmaking customers in North East China.
• Chosun Refractories: Chosun Refractories is a major Korean producer of refractories and metallurgical functional materials serving POSCO, Hyundai Steel, and other Korean mills. Directly comparable to Xibao — actually an Xibao joint venture partner since 2015 — and competes head-to-head in Asian and CIS markets for steel-mill consumables.
• Anyang Yuhong Refractory: Anyang Yuhong Refractory is a Chinese producer of shaped and unshaped refractories serving steel, cement, and non-ferrous metals. Direct competitor to Xibao in China's domestic refractory market, particularly for steel-mill applications including ladle linings, tundish boards, and continuous casting consumables.

Market position

Weaknesses1 record

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/xibaogroup

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Henan Xibao Metallurgy Materials Group