Longhai Steel, Inc. (fka LGHS)

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LONGHAI's MARKET


Our primary geographic market is the Hebei Province, especially the steel wire processing region around Hengshui. About 20% of Longhai’s sales are also sold in neighboring provinces.

About Hebei Province

In 2009, Hebei's economy measured by GDP was RMB 1.72 trillion (about US$ 252 billion), up 10.1% from 2008 and was ranked as the sixth largest provincial GDP in China.

Hebei is the largest steel-making province in China and accounted for 24% of China’s steel output in 2009.