Benxi Iron and Steel (Group) Co., Ltd. is located in Benxi City in the east of Liaoning Province. Founded in 1905, 1953 was nationalized as Benxi Iron and Steel Company. It is one of the oldest old steel enterprises in China. 1994, 165438+ 10, Benxi iron and steel group was identified by the State Council as a pilot project to establish a modern enterprise system. 1July, 1996, with the approval of the state, it was restructured into a limited liability company and became a state-owned super-large steel joint venture. It is a national key supporting enterprise of 5 12 and a national pilot unit of large enterprises of 5 120. Among the top 500 Chinese enterprises in 2008, Benxi Iron and Steel Group ranked 136(20071kloc-0/2), according to the steel industry ranking 13. Benxi Iron and Steel Group is now affiliated to Liaoning State-owned Assets Supervision and Administration Commission, and is the largest enterprise group under the SASAC.