Angang's headquarters is located in Anshan City, Liaoning Province. Angang refers to Anshan Iron and Steel Group Co., Ltd., which was established on July 9, 1949. It is a central enterprise supervised by the State Council State-owned Assets Supervision and Administration Commission. The industry is leasing and business services, and the region is Liaoning Province. It is mainly engaged in engineering technical services, equipment manufacturing, Internet of Things information services, energy conservation and environmental protection technical services, research and development of new materials, development of renewable resources, machining, transportation services, real estate development and urban energy supply.

Angang is the largest regional subsidiary of Angang Group, formerly known as Anshan Iron and Steel Plant and Showa Iron and Steel Plant. It is the first large-scale iron and steel complex and the earliest iron and steel production base in New China, and is known as "the cradle of new China iron and steel industry". Angang products such as ships, national defense, automobiles, railways and household appliances are widely used in many fields and become the backbone of steel in China. The steelmaking process is like a battle. Anshan Iron and Steel workers finally developed and produced 66,000 tons of high-quality steel by relying on the blazing steelmaking furnace, and built the Nanjing Yangtze River Bridge, which attracted worldwide attention. Therefore, this batch of steel is called "competitive steel".