Baosteel Group Corporation · Shanghai China
Company Description
Phone: +86-21-5835-0000
Fax: +86-21-6840-4832
Rankings
- #340 in FT Global 500
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This link will open in a new window Baosteel Group Corporation is China's largest steel maker, and China is both the world's leading steel producer and steel consumer. Its products are primarily carbon, stainless, and specialty steel, which it makes formed as billets, tubes, pipes, bars, and plates; the company also makes iron and tin products. Its markets include the appliance, auto, construction, oil, and shipbuilding industries, both in China and abroad. Baosteel has the production capacity to make more than 30 million tons of steel annually. Its metallurgical activities operate through more than 20 subsidiary companies, including operations in construction, finance, international trade, and transportation. Baosteel is state-owned. To read the full description, subscribe now.
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Key Baosteel Group Corporation Financials
| Company Type | Government-owned Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $185,406.6 |
| Employees | 16,491 |
Baosteel Group Corporation Executives
15 executives listed for Baosteel Group Corporation's Shanghai, location.
| Title | Name & Bio | Contact |
| Chairman | Xu Lejiang | Network |
| Vice Chairman and Secretary CPC | Liu Guosheng | Network |
| President | He Wenbo | Network |
Competition
Competitive Landscape for Baosteel Group Corporation
Demand comes largely from the manufacturers of durable goods like motor vehicles, machinery, containers, and construction steel. The profitability of individual companies depends largely on efficient operations, because most products are commodities sold based on price. Big companies have large economies of scale in production. Accordingly, most producers of secondary products buy raw metal from the large producers. Small companies can compete by operating efficient local mini-mills or producing specialty products. The industry is capital-intensive: average annual revenue per worker is close to $300,000. To read the full description, subscribe now.Top Baosteel Group Corporation Competitors
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