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Longhai Steel, Inc. (LGHS) Longhai Steel, Inc. (LGHS) is a leader in producing high-quality steel wire. Downstream manufacturers process the company’s wire into screws, nails, and wire mesh used for reinforcing concrete and also for fencing. The company’s recently opened second production line also produces higher quality steel wire for specialized applications like steel wire rope, steel strand, steel-belted radial tires, and steel welding rod. Longhai stays competitive in the marketplace by using advanced production equipment and process technology, producing high-quality products, filling orders quickly, and offering competitive prices. The company’s rolling and drawing facilities are among the most advanced in the world. Longhai is located in Hebei, the largest steel-producing province in China, and its production plants of approximately 200,000 square meters are located in Xingtai, Hebei. The company has an annual capacity of 1.5 million metric tons. All of the company’s sales are delivered in China, with 80 percent going to customers in Hebei. |
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