Shanghai Baosteel Group Corporation was first set up on November 17th 1998 and is a large Iron and steel conglomerate. The company has a registered capital of 45.8 billion yuan, it possesses 22 wholly owned subsidiaries and 14 holding companies and 24 equity-sharing companies. Shanghai Baosteel Group is one of the most profitable steel enterprises in the world enjoying international competence and its annual production is about 20 tonnes.
Baosteel premium products are automobile steel, oil and gas exploration and transportation steel, stainless steel, household electric appliance steel, transportation facilities steel, silicon steel, boiler and pressure vessal steel, food and beverage packing steel and metal production steel.
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