Steelworks Smederevo is a large steel production facility located in Smederevo, Serbia. Established in 1955, it has played a significant role in the country's industrial development. The plant primarily produces flat steel products, which are essential for various industries, including construction and automotive. In 2012, Steelworks Smederevo was privatized and acquired by China's Hesteel Group, which invested in modernizing the facility. The plant has a production capacity of around 2 million tons of steel per year, contributing to both local employment and the Serbian economy.