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Exhibit 21
Subsidiary | Percentage of Ownership | |||||
General Steel Investment Co., Ltd. | British Virgin Islands | 100.0 | % | |||
General Steel (China) Co., Ltd. | P.R.C. | 100.0 | % | |||
Baotou Steel – General Steel Special Steel Pipe Joint Venture Co., Ltd. | P.R.C. | 80.0 | % | |||
Yangpu Shengtong Investment Co., Ltd. | P.R.C. | 99.1 | % | |||
Tianjin Qiu Steel Investment Co., Ltd. | P.R.C. | 98.7 | % | |||
Shaanxi Longmen Iron and Steel Co., Ltd. | P.R.C. | VIE / 60.0 | % | |||
Maoming Hengda Steel Co., Ltd. | P.R.C. | 99.0 | % |