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Baosteel
Latest News
Rio Tinto, China Baowu Partner on Australian, Chinese Decarbonization Projects
12 June 2023 - Rio Tinto and China Baowu Steel Group have signed a memorandum of understanding to explore a number of decarbonization-related projects in Australia and China, the iron ore miner has announced.
Baosteel, Saudi Arabia Announce Joint Venture Plate Mill
02 May 2023 - China’s Baoshan Iron & Steel Co. Ltd. and Saudi Aramco have agreed to establish a 1.5 million-metric ton plate mill in Saudi Arabia, the companies have announced.
Tenova to Build Largest Hydrogen DRI Plant in China for Baowu Group
03 March 2022 - Sinosteel Engineering & Technology Co. Ltd. has partnered with Tenova to build a 1-million-metric-ton direct reduced iron (DRI) plant for China’s Baosteel Zhanjiang Iron & Steel Co. Ltd., Tenova reports.
Baosteel Awards Final Acceptance for Primetals Technologies Laminar Cooling System Upgrade
30 November 2021 - Primetals Technologies last week celebrated the final acceptance of a new laminar cooling section installed at Baoshan Iron & Steel Co. Ltd. (Baosteel)’s hot strip mill in Shanghai, China.
World’s Largest Steelmaker Signs MoU for Possible Plate Mill JV in Saudi Arabia
09 September 2021 - Chinese steel giant Baoshan Iron & Steel Co. (Baosteel) has joined forces with the world’s largest oil-producing company to pursue development of a steel plate mill in Saudi Arabia, reports the Reuters news service.
China Baowu Steel Could Grow Even Larger
19 July 2021 - The world’s largest steel producer could reinforce its position through a potential acquisition of another Chinese producer, reports Nikkei Asia.
Baosteel Gives Thumbs Up on New Dummy Bar System
30 July 2020 - Baosteel has given final acceptance of a new dummy bar feeding system installed on a caster at its Shanghai works, reports project contractor Primetals Technologies.
Chinese Mill Upgrades Caster Automation, Plant Controls
31 March 2020 - China’s Baoshan Iron & Steel Co Ltd. has commissioned a new integrated control center (ICC) to run a casting plant at its Shanghai steel works.
Baosteel Orders Fifth Robot System From Primetals Technologies
11 March 2020 - Chinese steelmaker Baosteel has commissioned two of Primetals Technologies’ LiquiRob systems at its Meishan facility and ordered another for its Zhanjiang facility, Primetals Technologies said.
Fives Marks Installation of Annealing, Galvanizing Furnaces
03 October 2017 - French engineering firm and equipment maker Fives has fulfilled an order for two continuous annealing line furnaces and a continuous galvanizing line furnace for a new integrated plant in China.
Baosteel Promises to Cut 11 Million Tons of Capacity
04 November 2016 - The China Iron & Steel Association said it will have eliminated 45 million tons of steel capacity, and likely more, by year’s end, according to the Reuters news service.
Report: Proposed Merger of China's Baosteel, Wuhan Iron and Steel Wins Regulatory Approval
19 September 2016 - A plan to merge two of China’s largest steelmakers into a single entity with more than 60 million tons of capacity has received regulatory approval, reports Caixin magazine.
Report: China Weighing Plan to Combine Steelmakers
02 August 2016 - Chinese officials are thinking about consolidating some of the country’s largest steelmakers into two behemoth companies, according to the Bloomberg news service.
Baosteel Starts Up Continuous Galvanizing Line
28 July 2016 - A new continuous galvanizing line at China’s Baosteel Zhanjiang Iron & Steel Co. Ltd. has processed its first coil.
Baosteel Pulls the Plug on Multi-Billion-Dollar Iron Ore Project
23 December 2015 - China’s Baosteel and its partners are mothballing a proposed US$5.4 billion iron ore project in Australia on account of market conditions, reports BloombergBusiness news service.
Continuous Casters Switched On at New Baosteel Facility
02 December 2015 - Two new continuous slab casters have been put into service at Baosteel’s Zhanjiang works in southern China, according to the supplier.
Baoshan Posts Quarterly Loss, Doesn't Expect Additional Capacity-Cutting Moves
30 October 2015 - China’s Baoshan Iron and Steel Corp. lost 920.5 million yuan, or US$145 million, during the third quarter, its first quarterly in nearly three years, according to the Reuters news service.
Outokumpu Divests Majority Interest In China Joint Venture
21 October 2015 - Stainless producer Outokumpu is divesting most of its stake in its Shanghai Krupp Stainless Co. Ltd. joint venture in China, the company has announced.
Indian Ferrochrome Joint Venture Merges With Sponsor
21 August 2015 - The board of directors at India's VISA Steel Ltd. has approved a deal in which the company will fold a joint venture business with China's Baosteel Resources Co. Ltd. into itself, the company said in a press release.
Primetals Technologies Wins Order for Mulpic Intensive Cooling System From Baosteel Zhanjiang
12 June 2015 - Chinese producer Baosteel Zhanjiang Iron & Steel Co. Ltd. has ordered a new Mulpic (Multi-Purpose Interrupted Cooling) system from Primetals Technologies.
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