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Baosteel Group

History
Baosteel Group Corporation was formed on Nov. 17, 1998. The Group had the former Baoshan Iron and Steel (Group) Corporation as the core, absorbing the former Shanghai Metallurgical Holding Group Corporation and the former Shanghai Meishan Group Co., Ltd.
Mission
The mission of Baosteel Group is to be full of vigor and opportunity, and look with confidence towards the future. Baosteel Group gives priority to people.

Exacting is their spirit; study and innovation is their road and pursuit of the first class is their goal. Baosteel follows a strategy of “one main industry of exceptional quality with appropriate and relevant diversified trades”.
Area of Operation


The businesses of Baosteel Group are:
  • Iron and Steel Industry
  • Trade
  • Finance
  • Engineering & Equipment Manufacturing
  • Information
  • Coal Chemical Industry
  • Deep processing of steel products
  • Recycling engineering & equipment
Key Statistics
  • Baosteel Group holds assets of $26,523 millions.
  • Baosteel Group has made profits of $1,395.2 millions in 2006.
  • Baosteel Group operates internationally including 20 overseas and domestic trading companies.
  • Baosteel Group has 92,682 employees.
Organization
The top management of Baosteel Group includes:
  • Chairwoman (Board of Directors)
  • Chairman of Board of Supervisors
  • Vice Chairman and Party Secretary
  • Director and President
  • Director and Vice Party Secretary
  • Directors
  • Vice Presidents
  • Director and Chairman of the Labor Union
International Ranking
  • Baosteel Group ranks 296 in Fortune Global 500 list.

Subsidiary Units
Baosteel possesses 22 wholly owned subsidiaries (including 9 overseas subsidiaries) and 14 holding companies (including 2 overseas subsidiaries) and 24 equity-sharing companies. Among the wholly owned subsidiaries and share holding companies, 11 are iron and steel companies, 2 financial companies, 8 trading companies.
Headquarter Address
370 Pudian Rd.,
Shanghai, 200122
China
Phone: 86-21-5835-8888
Website URL: www.baosteel.com

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