Hebei Iron and Steel Co., Ltd is principally engaged in smelting, processing and distribution of iron and steel products. The Company's major products are iron, steel, steel materials and vanadium slag, among others. During the year ended December 31, 2012, the Company produced approximately 28 million tons of iron, 29 million tons of steel, 28 million tons of steel materials and 150,000 tons of vanadium slag. The Company distributes its products in domestic market and to overseas markets. Through its subsidiaries and affiliates, the Company is also involved in the manufacture and distribution of coke, industrial gas and chemical products, among others.