LY Steel lies in Loudi city which is in the middle part of the Hunan Province. It is the intersection of the railways Xiangqian. Luozhan and the Shangrui highway. It was built and put into production in 1958 and developed to a large steel producer with total assets over RMB 17.3 billion and annual steel production capacity over 4.5 million t covering hot rolled strip and coil, cold rolled coil, bar and sections. It is a model company of the " 863 " Hi-New Technology R & D Plan – CIMS. It is listed as one of the top 300 Chinese industrial enterprises supported by the State.
