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Hubei Xinye Steel Co., Ltd., established in 1948, is a well-known production base of medium and thick wall seamless steel pipe. It is an iron and steel enterprise that mainly produces bearing steel / gear steel / tool steel / mooring chain steel / high pressure boiler pipe / special seamless steel pipe and heat-resistant alloy. Hubei Xinye steel Co., Ltd. (abbreviated as Xinye steel) is one of the earliest existing iron and steel enterprises in China. Its predecessor, Daye Steel Plant, was in the late Qing Dynasty An important part of Hanyeping coal iron plant and Mine Co., Ltd. has a long history. In 1948, it was named Huazhong iron and Steel Co., Ltd. and changed to Daye Steel Plant in 1953. Daye Special Steel Co., Ltd. was established in 1993. In 1994, it was restructured into Metallurgical Steel Group Co., Ltd. and A-share of Daye Special Steel was listed on Shenzhen Stock Exchange in 1997. In 2004, Hong Kong CITIC Pacific invested in the acquisition of main steel assets of Metallurgical Steel Group Co., Ltd. and Hubei new Metallurgical Steel Co., Ltd. was established. New metallurgical steel products are widely used in oil exploitation, engineering machinery, automobile, railway rolling stock, new energy and other industries and fields. Its leading products bearing steel, gear steel, die steel, mooring chain steel, high pressure boiler pipe, special seamless steel pipe and heat-resistant alloy have been recognized and accepted by domestic and foreign enterprises. The products of new metallurgical steel sell well all over the country and are exported to more than 30 countries and regions in the world.

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