Xinjiang Ba Yi Iron and Steel Co., Ltd., also known as Ba Yi Iron and Steel, 8-1 Iron and Steel, August 1 Iron and Steel, BYIS, or Bagang, is a Chinese steel maker based in Urumqi, Xinjiang. It is a second-tier subsidiary of China Baowu Steel Group by way of Ba Yi Iron and Steel Group, with its remaining shares trading on the Shanghai Stock Exchange and the Xinjiang government holding a minority stake in the parent holding company.
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