Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2019
Subsidiary repeatedly cited for environmental violations and irregular capacity replacement in inspection
In 2019 Hanbao Steel, a subsidiary of Handan Iron and Steel, was fined 1 million yuan by the Handan Ecological Environment Bureau for excessive exhaust gas and wastewater emissions, while the annual report of Hegang Shares said there were no major penalties, drawing media questions; in 2022 an inspection notice said Handan Iron and Steel improperly used blast furnaces that should have been eliminated in capacity replacement; in 2023 Handan Steel Gangmao was fined over a third party issuing a false testing report during a production suspension. The enterprises were fined and rectified.