Zhangjiagang Hengle New Building Materials Co., Ltd. is a wholly-owned subsidiary of Shagang Group. It was founded in 2006 with a registered capital of 180.5 millionUS dollars. It has two BOF steel slag processing line with 1.2 million tons/year, one EAF steel slag processing line with 900,000 tons/year, and 1 processing line of 600,000 tons/year for continuous casting residual slag.

　　The company’s main products BOF fine steel slag, EAF fine steel slag and continuous casting residual slag are widely used as high-quality raw materials for new wall bricks and building cement, aggregate for construction projects and industrial counterweights.