Daye Special Steel / Xinyegang: the CITIC special-steel works

How the Daye name, historical Xinyegang identity and the CITIC parent fit together.

Ownership, naming and historical context

CITIC Pacific’s corporate chronology records its 2004 acquisition of Hubei Yegang and establishment of Hubei Xinyegang Steel, described in the current chronology as Daye Special Steel. This history matters when checking old mill certificates and trading references.

Products and manufacturing scope

The parent describes Daye as a specialist manufacturing base and points to seamless pipe and special-forging process development. Do not assume it manufactures all finished tube dimensions, or confuse material for tube-making with a certified finished tube.

Common confusion to avoid

The historic listed name Daye Special Steel was also associated with the platform reorganized in 2019 as CITIC Pacific Special Steel Group, stock code 000708. Distinguish that listed group from the actual Daye works.

Procurement takeaway

Ask whether the offer is special bar, billet, forging or finished pipe, and identify which legal entity and plant issues the certificate.

Practical mill-verification checklist

• Exact registered Chinese/English producer name, plant address, MTC issuer and heat traceability.
• Current parent, direct shareholder and historic names at relevant documentary dates.
• Melt source, steelmaking/rolling route and the product actually made at that site.
• Grade, size, heat-treatment and current product/certification scope for the exact works.
• EPC/end-user qualification for the mill and specific product, not just group marketing.
• Quotation issuer versus producer/exporter and certificate authenticity.

References and verification sources

• www.citicsteel.com
• www.group.citic
• www.citic.com