Many people are unaware that the Shandong Iron & Steel Group has been the primary owner of Rizhao Steel for many years. Here is everything that you need to know about Rizhao Steel, from the company’s history to important information about its owner.
Rizhao Steel was founded more than 15 years ago, and it’s currently based in China. The company is recognized as the country’s most prominent private steel manufacturers. In fact, the company is known as one of the top thirty steel manufacturers in the world. The company produces several million tons of liquid steel. A few years after its establishment, the company agreed to do business with Mount Gibson. In 2010, this company was sold.
Last year, the company agreed upon a big expansion project. The project should be complete in a couple of years. The purpose of the project is to build a couple of furnaces and converters. The cost of the project is several billion.
If you’re like most people, you probably want to know more about Du Shuanghua. After all, he’s well-known throughout his country. Du Shuanghua is the main owner of this company. He is actually considered a self-made billionaire. He’s in his fifties, and he currently lives in China. He’s a prominent Chinese businessman.
He is extremely passionate about the steel industry. As a result, he is proud to be the chair of this company.
Since he has been extremely successful over the years, Du Shuanghua also strongly believes in giving back to the community. He is considered an incredible philanthropist. He’s extremely passionate about giving to causes that support children. In the future, it’s likely that he will continue giving to many different local youth causes. Similar to many businessmen, he always believes in making giving back to the community a top priority.