Angang is the abbreviation of Angang Group, and its headquarters is in Anshan City, Liaoning Province. Anshan Iron and Steel Group Corporation was established in May, 20 10, and was formed by the joint reorganization of Anshan Iron and Steel Group Corporation (hereinafter referred to as Angang) and Pangang Group Co., Ltd. (hereinafter referred to as Pangang).

Angang Group Corporation is a central enterprise in China supervised by People's Republic of China (PRC) and the State Council, and the second largest steel state-owned enterprise in Chinese mainland. The Group is engaged in comprehensive supporting of mining, mineral processing, ironmaking, steelmaking and steel rolling, as well as coking, fire resistance, electric power, transportation, metallurgical machinery, construction, technology research and development, design, automation and comprehensive utilization.