Profile
Baosteel is a world-class iron and steel manufacturer with
world-leading systems in quality management, environment management
as well as occupational hygiene and health management. While
dedicated to producing high-tech and high-value-added steel
products, Baosteel also keeps increasing the proportion of
eco-friendly products. Main products of Baosteel have been
recognized by international authorities. While being a major steel
supplier in the Chinese market, Baosteel also exports its products
to more than 40 countries and regions all over the world.
Baosteel's powerful research and development capabilities are an
inexhaustible source of power that fuels its development.
Baosteel's Phase-1 Project started on December 23, 1978 and was put into production on September 15, 1985. Its Phase-2 Project was put into production in June, 1991. Its Phase-3 Project was completed at the end of 2000. The project in the Tenth Five-Year Plan was put into production in June, 2005. All the equipment is based on state-of-the-art technologies such as modern steel smelting, hot rolling and cold rolling, hydraulic sensing, electronic control, computer and information communication, and all its units are large-sized, continuously-running and automatic. It is specialized in producing hot-rolled plates and coils, cold-rolled plates and coils, hot-rolled seamless steel tubes, welding steel tubes, cold-rolled cold-drawn precision steel tubes, heavy plates, billets and wire rods.
In 2004, Baosteel Group Corporation, with Baoshan Iron & Steel Co., Ltd. as its core subsidiary, was ranked No. 372 on the list of Fortune 500 for the first time and became the first company of the competitive industries and manufacturing industry in China to make to the list of Fortune 500. So far, Baosteel has been ranked among the top 200 for several consecutive years.
According to the ranking of World Class Steel Makers released by World Steel Dynamics (WSD), a strategic information service that rates steelmakers in terms of enterprises' forward-looking management, business scale and level of integration from raw materials to downstream businesses and on the basis of indicators such as shipment volume, scale, capacity expansion, leadership in fast-growing and matured markets, technological innovation, environment and safety, price capability, retirement benefits, profitability, and balance sheets, Baosteel has been consistently ranked among the top.
To facilitate intensive and professional management, implement the strategy of production, marketing and research integration, optimize resource utilization, and shorten response cycles, the Tube, Pipe and Bar Business Unit was established in 2009, with multiple world-leading, modern production lines of electric furnace steel, bloom steel, high-speed wire rods, seamless tubes, HFW welded pipes, and UOE welded pipes. With three core product categories, including steel billets, steel tubes and pipes, and wire rods, it has a planned annual production capacity of 3 million tons of steel billets, 2.2 million tons of steel tubes and pipes and 0.4 million tons of wire rods and has become the most advanced production base of quality steel pipes, tubes and bars in China.