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Baoshan Iron & Steel Co. Ltd.

Latest News

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.

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. 

Major Chinese Steelmaker Sees Slowing Demand on the Way

25 April 2019 - Baoshan Iron & Steel Co., the listed portion of China’s largest steelmaker, sees both slowing domestic demand and rising output this year, leading some to question whether mills will again ship excess production into foreign markets and flood them, according to news reports. 

Chinese Steelmaker Puts Danieli Bar Peeler on Order

30 May 2017 - China’s Baoshan Iron & Steel Co Ltd. has ordered a Danieli Centro Maskin bar peeler, the equipment supplier has announced. 

China OKs Baosteel, Wuhan Merger

31 October 2016 - China has given the go-ahead to the merger of two of its largest steelmakers, naming the top executives who will run the combined business, reports the Bloomberg news service. 

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.

Mexico Places Duties on Cold-Rolled Steel From China

23 June 2015 - Mexico's government said on 19 June 2015 that it would impose import duties on cold-rolled steel sheet from China after an anti-dumping investigation, as reported by Reuters.