Baosteel is a large iron and steel conglomerate with the largest scale of production and the most complete varieties and specifications of products in China. It focuses on high value-added market segments. Baosteel's iron and steel business has such main players as Baoshan Iron and Steel Co., Ltd., Baosteel Group Shanghai No. 1 Steel Co., Ltd., Baosteel Group Shanghai No.3 Steel Co., Ltd., Baosteel Group Shanghai No.5 Steel Co., Ltd., Baosteel Group Shanghai Meishan Co., Ltd., Ningbo Baoxin Stainless Steel Co., Ltd. etc. Its annual steel-making capacity has reached 20 million tons. Baosteel's product mix is dominated by steel plate & tube supplemented by steel bar & wire. It is also currently developing stainless steel products. High grade steel products, such as automobile steel, shipbuilding steel, household electric appliance steel, pipeline steel and oil tube, produced by Baosteel dominate the domestic market. Baosteel is also a main supplier of high quality tool & die steel, bearing steel, spring steel, wire rod steel and steel for aviation and space flight. Baosteel's e-mart platforms with consummate business functions provide E-commerce convenience. The modern steel deep processing centers set up in Shanghai, Hangzhou, Guangzhou, Tientsin, Qingdao, Chongqing and Shenyang provide value-added services for customers.
Along with the implementation of the new development strategy, Baosteel is quickening its step to conduct integrative operation. Aiming at upgrading the integrative competence of China's iron and steel industry, Baosteel makes effort to develop high demand premium products, which need strategic investment in the industrial structure adjustment in China and are comparable with world top-quality steel products.