China Baowu Steel
Latest News
Fives Supplies Electric Steel Cold Rolling Mills to Baowu
13 July 2022 - China's Baowu Group contracted global industrial engineering group Fives for the design and supply of two reversible cold rolling mills with automatic roll change for production of electric steel at Baoshan and Wuhan production sites.
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.
China Baowu Announces Global Alliance to Curb Emissions
19 November 2021 - The steelmaker announced yesterday it has formed the Global Low-Carbon Metallurgical Innovation Alliance with more than 60 companies to combat climate change and cut greenhouse emissions in China, Reuters reports.
Vale and China Baowu Come Together for Reducing Greenhouse Emissions
15 November 2021 - Vale announced via press release last Thursday that they signed a Memorandum of Understanding (MoU) with China Baowu Steel Group.
China Sets Its Sights on Scrap
07 January 2021 - China is opening up its borders to scrap steel imports, seemingly to support electric arc furnace steelmaking, reports industry publication Recycling Today.
Baowu Steel Takes Controlling Stake in Stainless Producer
21 August 2020 - China’s largest steelmaker will acquire a majority stake in Taiyuan Iron & Steel Co. Ltd. (TISCO), the country’s No. 2 stainless producer, reports the Reuters news service.
Report: The Title of World’s Largest Steelmaker Now Belongs to Baowu Steel
28 April 2020 - The Nikkei Asian Review is calling it: Baowu Steel Group in 2019 unseated ArcelorMittal as the world’s largest steelmaker.
Chinese Steelmaker Could Become the World’s Largest Producer
06 January 2020 - China Baowu Steel Group could potentially surpass ArcelorMittal as the world’s largest steelmaker if it completes a deal to take a controlling stake in Chongqing Iron and Steel.
