Shanghai Baosteel is China's leading steel producer: In 2005, the company's annual output topped 20 million tons, and the company expects to double that by 2010. Shanghai Baosteel Group Corporation is the Chinese government-owned holding company for a group of steel, steel products, and steel trading companies, which themselves operate under the publicly listed flagship Shanghai Iron & Steel Co. NAIC: 331111 Iron and Steel Mills 331210 Iron and Steel Pipes and Tubes Manufacturing from Purchased Steel 331221 Cold-Rolled Steel Shape Manufacturingīaosteel follows its "premium products" strategy and aims to become the prime research and development base for new processes, new technologies and new materials in China's iron and steel industry.ġ978: Integrated steel works is founded in Shanghai as a flagship for the new era of Chinese economic reform the original completion date is slated for 1982.ġ989: The company becomes the major steel supplier to Shanghai Automotive Industry Group.ġ996: A domestic and international marketing arm, Baosteel Group International Trade Corporation, is incorporated.ġ998: The company changes its name to Shanghai Baosteel Iron & Steel Corporation, and then merges with Shanghai Metallurgical and Shanghai Meishan, becoming China's leading integrated steelworks.Ģ000: Shanghai Baosteel Iron & Steel lists stock on the Shanghai Stock Exchange.Ģ001: The company forms an alliance with Shougang Group and Wuhan Iron and Steel Group Corporation, becoming the world's third largest integrated steel group a stainless steel production partnership is formed in Shanghai with ThyssenKrupp.Ģ005: The company receives permission to begin construction of a new steelworks in Guangdong province as part of a goal of doubling capacity to more than 40 million tons by 2010. Adhering to quality development, green transformation and intelligent upgrade, Baosteel thoroughly explores the joint growth of steel companies and modern cities, actively shares fruitful achievement with employees, customers, investors and the public, and courageously writes the new chapter of a stronger steel industry and steel country.Incorporated: 1978 as Baoshan Iron & Steel (Group) Corporation Its independently developed high-end products, such as the new generation high strength automotive steel, grain-oriented electrical steel, high grade steel for household appliances, steel for energy and marine engineering, steel for bridges, hot-rolled heavy rail and etc, all reached the world’s advanced level.įacing the future, Baosteel will inherit and carry out China Baowu’s vision of “becoming a leader in global steel industry”and mission of “building a high-quality steel ecosphere”.
The company attaches great emphasis to cultivating its innovation capacity, actively develops and deploys advanced technologies of manufacturing, energy-conservation and environmental protection, and has established the marketing, processing and service network with nationwide coverage and worldwide involvement. sticks to the development road of “innovation, coordination, green, openness and inclusiveness”, and possesses the world-renowned brands and the world first class manufacturing and service capability.
The company is also one of the global steel enterprises with the most complete carbon steel products.īaosteel Co., Ltd. The company ranks 2nd in the crude steel production, 1st in the automotive sheet output and 1st in the oriented electrical steel output among all the global listed steel companies. In February 2017, Baosteel merged Wuhan Iron & Steel by absorption, which turns Baosteel into a company that owns such main manufacturing bases as Shanghai Baoshan, Wuhan Qingshan, Nanjing Meishan and Zhanjiang Dongshan. In February 2000, Baosteel was founded by Shanghai Baosteel Group Corporation, and was listed on Shanghai Stock Exchange (stock code: 600019) in December of the same year. With a strategic objective to build itself into the most globally competitive iron and steel enterprise and a listed company with the greatest investment value, Baosteel devotes to providing prominent products and services to customers, creating best value for shareholders and the society, and achieving the joint development with stakeholders. (hereinafter referred to as “Baosteel”), is a globally leading modernized integrated iron and steel company and the core enterprise of China Baowu Steel Group Corporation, which is listed in Fortune’s Global 500.
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