Baoshan Iron & Steel Co Ltd - Company Profile
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Baoshan Iron & Steel Co Ltd (Baosteel), a subsidiary of China Baowu Steel Group Corp Ltd, is an iron and steel company. Its portfolio of products includes carbon steel, hot-rolled wear-resistant steel, hot-rolled steel, stainless steel, special steel, titanium plate coil, bars, heavy plate, steel sheet, wire rod, and pipe tubes. The company also offers electrical steel sheets, appliances steel, stainless steel for solar energy generators, rail vehicles stainless steel, ferritic stainless steel, and nitrogen-controlled martensitic stainless steel. Its products find application in various industries such as household appliances, shipbuilding, automobile, oil exploration, pressure vessel, construction, and container materials. The company also focuses on information technology (IT), financial services, chemicals, and e-commerce businesses. Baosteel is headquartered in Shanghai, China.
Baoshan Iron & Steel Co Ltd premium industry data and analytics
Products and Services
Products | Services |
---|---|
Carbon Steel | Financial Investment |
Stainless Steel | E-Commerce |
Special Steel | Electronic Trading |
XYZ | |
XYZ | |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Plans/Strategy | In December, the company announced its plans to acquire a 48.6% stake in SD Steel Rizhao Co Ltd from Shandong Iron & Steel Group for US$1.49 billion. |
2023 | Contracts/Agreements | In August, the company entered into an agreement with Vitesco Technologies for technological innovation and supply chain development. |
2023 | Contracts/Agreements | In May, the company along with Saudi Aramco, and the Public Investment Fund entered into an agreement to establish an integrated steel plate manufacturing complex in the Kingdom of Saudi Arabia. |
Competitor Comparison
Key Parameters | Baoshan Iron & Steel Co Ltd | HBIS Group Co Ltd | Angang Steel Co Ltd | Nippon Steel Trading Corp | CITIC Pacific Special Steel Group Co Ltd |
---|---|---|---|---|---|
Headquarters | China | China | China | Japan | China |
City | Shanghai | Shijiazhuang | Anshan | Chuo-Ku | Wuxi |
State/Province | Shanghai | Hebei | Liaoning | Tokyo | Jiangsu |
No. of Employees | 44,445 | 27,564 | 28,021 | 6,580 | 23,614 |
Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Zou Jixin | Chairman | Executive Board | 2019 | 55 |
Brother Wu | Managing Director | Executive Board | 2022 | 54 |
Wang Juan | Secretary; Deputy General Manager; Chief Financial Officer | Senior Management | 2020 | 51 |
Fu Jianguo | Deputy General Manager | Senior Management | 2021 | 54 |
Xie Rong | Director | Non Executive Board | 2018 | 71 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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