TISCO

What TISCO does

TISCO, formally Shanxi Taigang Stainless Steel Co., Ltd. (山西太钢不锈钢股份有限公司, SZ000825), is a Chinese stainless steel producer founded in 1934 and headquartered in Taiyuan, Shanxi Province. Since 2020 it has operated as a wholly-owned subsidiary of China Baowu Steel Group Corporation, one of the world's largest steel producers, while retaining its independent Shenzhen Stock Exchange listing. TISCO runs the world's largest cold-rolling stainless steel annealing and pickling line and a 40万吨 stainless steel cold-rolling thin plate expansion, manufacturing stainless steel, carbon steel, and electrical (silicon) steel for energy, defense, aerospace, transportation, and construction customers.

The company's technical platform centers on advanced metallurgical processes including AOD furnace refining, 180-ton RH vacuum treatment, and precision cold rolling, producing a broad portfolio that spans commodity stainless plates, sheets, tubes, and profiles alongside specialty grades such as 9Ni LNG cryogenic steel, nuclear-grade stainless steel, ultra-wide bridge steel, ultra-supercritical boiler tubes, nickel-based alloys, dual-phase stainless, and ultra-pure precision strip. Notable proprietary or 'world-first' grades include 9Ni steel for LNG storage (national certification), ballpoint pen tip stainless steel (ending a long-standing Chinese import dependency), 900MPa magnetic yoke steel for 500MW hydropower units, and 750MPa ultra-high-strength silicon steel for new energy vehicle motors. The company holds ISO14001 certification, a Weapons Equipment Research and Production Permit, and has issued 11 Environmental Product Declarations while reducing product CO2 footprint by more than 60%.

Commercially, TISCO sells through direct enterprise sales to major SOE customers (CNPC, CNOOC, national defense and aerospace programs), an authorized steel-channel distributor network (钢材渠道商), and an international export channel that recently shipped green stainless steel to Europe. Pricing is transaction-based for standard stainless products with monthly futures pricing notices published for stainless plate products. The company distributes through customer service hotlines (800/400 numbers), industry exhibitions, and a recently upgraded IMP digital marketing system, and serves marquee infrastructure projects including the 引汉济渭 water diversion, the Qingdao Jiaodong International Airport, and large hydropower installations.

Name

TISCO

Legal name

山西太钢不锈钢股份有限公司

Website

https://tgbx.tisco.com.cn

Company type

Public

Founded year

1934

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

TISCO (Taiyuan Iron and Steel Group) is a Chinese stainless steel producer and Shenzhen-listed subsidiary of China Baowu Steel Group. Founded 1934 and headquartered in Taiyuan, it manufactures stainless, carbon, and electrical steel for energy, defense, aerospace, and infrastructure customers globally.

Ownership category

akta.pro rank

Product category

Steel Manufacturing

NAICS

Iron and Steel Mills and Ferroalloy Manufacturing (331110), Iron and Steel Pipe and Tube Manufacturing from Purchased Steel (33121)

SIC

Steel Pipe & Tubes (3317), Fabricated Plate Work (Boiler Shops) (3443)

akta.pro primary industry

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

Keywords

• Stainless steel manufacturing
• Carbon steel products
• Electrical steel laminations
• Specialty steel alloys
• Steel products distribution

Headquarters

HQ city

Taiyuan

HQ country

China

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Steel Products Sales: Direct sales of stainless steel, carbon steel, and electrical steel products to industrial customers domestically and internationally. Revenue generated from product sales with periodic futures pricing for stainless plate products.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

TISCO is a major Chinese stainless steel manufacturer producing stainless steel, carbon steel, and electrical steel (silicon steel) products in plates, sheets, rods, wires, tubes, profiles, and precision strips for industrial customers. The company supplies commodity and specialty steel grades to petrochemical, energy, nuclear, aerospace, defense, automotive, and infrastructure sectors, with proprietary offerings including nuclear-grade stainless steel, 9Ni LNG cryogenic steel, nickel-based alloys, and 900MPa magnetic yoke steel for hydropower.

Product overview

TISCO operates as a comprehensive steel manufacturer producing a diverse portfolio of metal products including stainless steel, carbon steel, and electrical steel. The product portfolio includes core commodity products (stainless plates, sheets, rods, tubes; carbon steel plates and profiles) alongside specialized offerings such as nuclear-grade stainless steel, 9Ni steel for LNG storage, nickel-based alloys, ultra-wide bridge steel, high-pressure boiler tubes, hydro-turbine generator steel, extreme environment steel, railway transportation steel, ultra-pure precision strips, and dual-phase stainless steel. The company serves critical industrial sectors including nuclear energy, oil and gas, power generation, petrochemical, automotive, and transportation infrastructure.

Differentiator

Problem solved

Functional benefit

Brands

• 极境钢: Premium steel brand launched in 2025 featuring extreme environment steel products
• 不锈钢及碳钢板材
• 电工钢

Products and services

• Stainless Steel Products Stainless steel products including plates, sheets, rods, wires, tubes, and profiles for industrial applications in petrochemical, energy, and manufacturing sectors. Includes 300 series and 400 series stainless steel grades.
• Carbon Steel Products Carbon steel products including plates, sheets, and structural profiles for automotive, construction, pipeline, and industrial manufacturing applications.
• Electrical Steel (Silicon Steel) Cold-rolled non-oriented electrical steel and pure iron for electric motor cores, transformer laminations, and new energy vehicle motor applications.
• Nuclear-Grade Stainless Steel High-purity stainless steel grades certified for nuclear power plant construction and components, meeting strict nuclear quality and safety standards.
• 9Ni Steel for LNG Nickel alloy steel plates for LNG storage tanks and cryogenic pressure vessels, providing excellent toughness at cryogenic temperatures (-196°C). Passed national certification review.
• Nickel-Based Alloy Materials High-performance nickel-based alloys for demanding applications in extreme environments including high temperature and corrosive conditions. World first for single coil maximum weight exceeding 14 tons.
• Ultra-Wide Bridge Steel Ultra-wide steel plates for large-scale bridge construction, successfully applied in major infrastructure projects including the Yellow River Bridge.
• High-Pressure Boiler Tubes High-grade heat-resistant steel tubes for ultra-supercritical boilers, designed for high-temperature and high-pressure power generation applications.
• 500MW Hydro-Turbine Generator Steel 900MPa magnetic yoke steel for hydro-turbine generators, the world's first application in 500MW hydropower equipment.
• Extreme Environment Steel (极境钢) Steel products specifically designed for extreme environmental conditions, including extreme temperatures and highly corrosive atmospheres. Developed under the premium 极境钢 brand.
• Railway Transportation Steel Steel products for rail transportation infrastructure and equipment, including rolled composite plates for national railway vehicles, supporting railway construction and rolling stock manufacturing.
• Ultra-Pure Stainless Precision Strips Ultra-pure stainless steel precision strips for applications requiring extremely tight tolerances and superior surface finish.
• Dual-Phase Stainless Steel Dual-phase stainless steel combining austenitic and ferritic properties for enhanced strength and corrosion resistance.
• 750MPa Ultra-High Strength Silicon Steel Ultra-high-strength silicon steel for new energy vehicle motors, achieving 750MPa grade for high-performance electrical applications.
• Ballpoint Pen Tip Stainless Steel Stainless steel material specifically designed for ballpoint pen tips, ending China's import dependency for this critical writing instrument component.

Quantifiable outcome

• CO2 footprint reduced by more than 60%
• +4 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Seven partnerships are on record, tiered core, minor and strategic.

• European Customers (Green Steel Export)coreChannel Partner/ Reseller/ Distributor · 31 October 2025First batch of TISCO green steel stainless products exported to Europe under sustainable steel initiative
• Aluminum Corporation of China (Chalco)minorStrategic or Co-development Partner · 17 October 2025Chalco General Manager Wang Shilei visited TISCO for exchange and cooperation discussions
• China Baowu Steel Group CorporationcoreStrategic or Co-development Partner · 24 July 2025TISCO (Taiyuan Iron and Steel Group) is a subsidiary of China Baowu Steel Group Corporation. TISCO has prioritized environmental and low-carbon development as part of its sustainable development strategy under the Baowu group umbrella.
• Shanghai Superconductor TechnologystrategicStrategic or Co-development Partner · 24 July 2025Five-year collaboration on superconducting steel core technology development - breakthrough project for superconducting power transmission
• China National Petroleum Corporation (CNPC)coreStrategic or Co-development Partner · 17 December 2007Established strategic partnership for petroleum equipment and materials supply
• Tianjin Pipe GroupcoreStrategic or Co-development Partner · 17 September 2007Strategic cooperation framework agreement signed for steel pipe supply and technology collaboration
• China National Offshore Oil Corporation (CNOOC)coreStrategic or Co-development Partner · 13 February 2007Strategic cooperation agreement signed for offshore oil and gas infrastructure steel supply and development

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Outokumpu: Outokumpu is a Finnish-headquartered global leader in stainless steel, with strong positions in cold-rolled austenitic and duplex grades. It is comparable to TISCO as a direct stainless steel competitor with similar cold-rolling capabilities and a strong European customer base that TISCO is now targeting.
• Aperam: Aperam is a Luxembourg-based stainless and specialty alloys producer spun off from ArcelorMittal. It is comparable to TISCO as a direct competitor in stainless steel flat and specialty products serving European industrial customers in automotive, construction, and energy.
• Tsingshan Holding Group: Tsingshan is China's largest privately-controlled stainless steel producer and pioneer of nickel-pig-iron integrated stainless production. It is comparable to TISCO as a direct competitor in 300-series stainless steel, competing on cost and scale in the same Chinese and global commodity stainless markets.
• Jindal Stainless: Jindal Stainless is India's largest stainless steel manufacturer producing a comprehensive 200/300/400 series portfolio. It is comparable to TISCO as an emerging Asian stainless steel peer competing in commodity stainless while expanding into specialty and value-added grades.
• POSCO Holdings: POSCO is a leading Korean integrated steelmaker with a major stainless steel business (formerly POSCO Stainless). It is comparable to TISCO as a global stainless steel competitor serving automotive, energy, and appliance customers, with similar premium-grade and electrical steel portfolios.
• Acerinox: Acerinox is one of the world's largest stainless steel flat product manufacturers with the NAS, Columbus, and VDM brands. It is comparable to TISCO as a direct competitor in stainless steel flat products serving European and global industrial customers, particularly relevant given TISCO's new green-steel exports to Europe.
• Yongjin (Fujian Yongjin Metal): Yongjin is one of China's largest privately-controlled stainless steel cold-rolling producers and a Tsingshan-affiliated player. It is comparable to TISCO as a Chinese stainless steel competitor, particularly in cold-rolled stainless flat products and downstream precision strip markets.
• Baosteel (China Baowu subsidiary): Baosteel is the flagship carbon and automotive steel subsidiary of China Baowu, TISCO's parent group. It is comparable as a Baowu-affiliated integrated steelmaker supplying high-end flat steel to the same Chinese automotive, energy, and infrastructure customers, with overlapping downstream market exposure.

Broad incumbents

• ThyssenKrupp Steel Europe: ThyssenKrupp Steel Europe is a major German flat steel and electrical steel producer with broad industrial and automotive customers. It is comparable to TISCO as a broad incumbent in flat carbon, stainless, and electrical steel, with overlapping customers in automotive and energy applications.
• ArcelorMittal: ArcelorMittal is the world's largest steel producer with broad flat and long carbon steel operations. It is comparable to TISCO as a broad incumbent steelmaker and indirect competitor via its former stainless business (now Aperam), with overlapping global automotive, energy, and infrastructure customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/shanxi-taigang-stainless-steel-co-ltd

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 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 TISCO