Shanghai Baosteel Group
Shanghai Baosteel Group Corporation (Baosteel) is one of the largest iron and steel companies in China and the world. Located in Shanghai, Baosteel is a subsidiary of the China Datang Group. With 55 base metal production lines, 60 metallurgical equipment, 1,400 mesh rolling and 1,150 mesh rolling equipment, Baosteels steel output occupies the number one market share in China. In terms of profitability and profitability, it also ranks first among steel enterprises in China for many consecutive years.
Baosteel currently has more than 160,000 employees and its steel production capacity is over 70 million tons. Its main products include high-speed wire, hot-rolled plate, hot-rolled strip steel, cold-rolled plate, cold-rolled strip steel and so on. The company is also actively engaged in research and development in areas such as high-tech, alloy development, energy conservation and environmental protection, production control and management technology.
In terms of internationalization, Baosteel not only has overseas subsidiaries and branches but also has overseas iron ore and coal mines. In 2009, Baosteel and Japan’s Nippon Steel signed a strategic cooperation framework agreement and established the Baosteel-Nippon Steel Trade Company. Since the 21st century, Baosteel has strengthened the research and development of advanced steel products and has obtained 40 invention patents and dozens of technology patents. In 2018, Baosteel was selected as a Chinese brand of the 21st century.
In 2020, Baosteel, in response to the implementation of the national “New Infrastructure” and “Flexible Manufacturing”, actively promotes the application of “Industry 4.0” in the smart transformation of industrial clusters and explores a diversified development path, which has become the trend of emerging industry and structural optimization. Established the Baosteel Smart Production Technology Research Institute, working with many partners to accelerate the development of smart production solutions.
Baosteel’s commitment to sustainable development has enabled it to make outstanding contributions to the sustainable development of Chinas economy and society. Baosteel has adopted a wide range of cutting-edge environmental protection technologies, including integrated environmental inspections, ammonia nitrogen treatment, industrial wastewater treatment, and noise reduction and dust removal, which have already achieved great success.
At present, Baosteel actively promotes the transformation from traditional manufacturing to intelligent manufacturing, and regards the fourth industrial revolution as an opportunity to realize deep integration of artificial intelligence, automation, cloud computing, mobile Internet, collaborative robots and other new technologies into its own production systems, making smart manufacturing and industry a reality. With its sustainable development, innovation and transformation and upgrading, Baosteel is accelerating its construction of an “iron and steel technology leader” and making greater contributions to the future of Chinas economy.
