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PKU Pioneer: 11 Chinese Steel Companies Listed in the 2024 Fortune Global 500

2024/10/12

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On August 5, 2024, the 2024 Fortune Global 500 list was released. According to it, a total of 11 enterprises from China's steel industry made it onto the list. The top 3 ranked steel companies are China Baowu Steel Group Corporation Limited, HBIS Group Co., Ltd., and Tsingshan Holding Group, ranked 44th, 249th, and 265th respectively in the Fortune Global 500.

PKU Pioneer: 11 Chinese Steel Companies Listed in the 2024 Fortune Global 500

Among the Chinese steel companies on the list, Baowu Steel Group and Hunan Iron & Steel Group are both important clients of PKU Pioneer. In 2022, we completed the construction of VPSA oxygen equipment for Hunan Iron & Steel Group with a total oxygen flow exceeding 100,000Nm³/h. In 2023, we built a VPSA-O2 plant (26,700Nm³/h, 90%) for Baowu Steel Group (Ma Steel). Both oxygen systems are used for oxygen enrichment in blast furnaces, providing a stable and economical oxygen supply to enhance the combustion, thus further contributing to cost reduction and efficiency improvement in the steel mills.

PKU Pioneer is a global leader in VPSA/PSA oxygen generation solutions, offering VPSA/PSA-O2 plants with capacities ranging from 50~100,000Nm³/h and a maximum oxygen purity of 93%. With over 400 high-quality projects worldwide, PKU Pioneer has a strong track record across multiple industries, including steel manufacturing.

In the steel industry, PKU Pioneer has played a pivotal role in enhancing production efficiency by supplying reliable oxygen generation systems for both blast furnace ironmaking and electric arc furnace (EAF) steelmaking. We’ve offered VPSA oxygen units for nearly 70 leading steel mills including Baowu Steel and exported oxygen units to top steel plants in India, South Korea, Thailand, etc. Our technology has been an optimal solution to help steelmakers optimize their processes, reduce emissions, and lower energy consumption.