Shanghai Baosteel Group Corporation, commonly referred to as Baosteel is the largest Chinese iron and steel conglomerate. It is a state-owned enterprise, headquartered in Shanghai.
History
Baosteel was set up on November 17, 1998, with the former Baoshan Iron and Steel (Group) Corporation as the core, and absorbing the former Shanghai Metallurgical Holding Group Corporation and the former Shanghai Meishan Group Co., Ltd.
Baoshan Iron and Steel was named after the Baoshan District of Shanghai, where it was headquartered.
Business
Baosteel has a crude steel production capacity of about 20 million tons.
See also
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