Baosteel Metal Co., Ltd was established in December 2007, which is a flagship subsidiary of diverse business in Baosteel Group. Its business includes metal packaging, industrial gases, metal products and automobile trading & services etc. According to the latest strategic positioning of Baosteel Group, Baosteel Metal is aiming at becoming the new business (New energy resources & new materials etc) incubation platform.
Baosteel Group is one of the super-scale combined steel enterprises with most advanced modernization and full products varities and specification. Baosteel is a wholly state-owned company with registered capital RMB 51.083 billion and headquarter in Shanghai. Nowadays, Baosteel has 130,962 employees worldwide.
Baosteel revenue in 2013 is 303.6 billion, with 10.23 billion profit, ranks the third placein steel industry worldwide.
Baosteel generates more than 50%profit in world steel industry, with only 6%capacity of China steel industry.
By 2014, Baosteel ranks 222 in Fortune 500, the 11th consecutive year of being listed.
In 2013, Baosteel was awarded the honor of the “World’s Most Admired Company” the highest credit ranking among the world’s iron and steel enterprises by the Big Three credit rating agencies, namely Standard & Poor's, Moody’s and Fitch Ratings.
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