State-owned Baowu Steel Group, China's largest steel producer, inked an agreement on Thursday with Magang (Group) Holding Co., Ltd. to secure a 51-percent stake in the latter.

September20,2019

China Baowu Steel Group Corporation (China Baowu) announced on Wednesday that it had signed an agreement with minerals giant Rio Tinto to establish a joint venture for the Western Range iron ore project in the Pilbara region of Western Australia, reported China Securities Journal.

September15,2022

Steel giant China Baowu Steel Group announced Wednesday that it surpassed the Luxembourg-headquartered ArcelorMittal to become the world's largest producer of crude steel in 2019.

March05,2020

China Baowu Steel Group Corporation Limited (China Baowu) has recently signed a free transfer agreement with the State-owned Assets Supervision and Administration Commission of Anhui Province to acquire a 51-percent stake in Masteel. 

June03,2019

Provincial government of southwest China's Yunnan Province and China Baowu Steel Group Corporation Limited (China Baowu) signed a cooperation agreement in Kunming on Monday to further deepen cooperation and achieve a sharing and win-win construction in steel industry, reported Xinhua-run Shanghai Securities News Tuesday.

February02,2021

Mining group Rio Tinto on Wednesday announced that it will team up with China Baowu Steel Group to develop a Western Range iron ore project in the Pilbara region of Western Australia, with a joint investment of 2 billion U.S. dollars.

September15,2022

China's state-owned enterprises (SOEs) posted increased revenue last year, according to official data released Monday.

January30,2024

The profits of China's centrally-administered state-owned enterprises (SOEs) remained stable during the first 11 months of 2023, the country's top state assets regulator said.

December27,2023

China has approved the restructuring of two state-owned giants in the iron and steel industry, the country's top state-owned assets regulator said on Wednesday.

December22,2022

China's centrally-administered state-owned enterprises (SOEs) saw double-digit revenues and profit growth in the first month of this year, showed official data Monday.

February15,2022

China will adjust export tariffs on some steel products as part of efforts to push upgrading and transformation of the industry.

July30,2021

China's centrally-administered state-owned enterprises (SOEs) have expanded effective investment in the first two months of 2023, said the country's top state-asset regulator.

March30,2023

China's centrally administered state-owned enterprises (SOEs) saw solid revenue and profit growth in the first three months of 2022, the country's top state-asset regulator said Saturday.

April18,2022

China's centrally-administered state-owned enterprises (SOEs) will help struggling small businesses address pressing difficulties and shore up growth, said a circular unveiled Wednesday.

May26,2022

Brazil's mining giant Vale announced its seven cooperation agreements signed with Chinese partners on Wednesday, aiming to cement ties with China, reported Chinanews.com.

March30,2023

In the first half of 2022, Inner Mongolia Baotou Steel Union Co., Ltd. (Baogang United Steel, 600010.SH) has witnessed significant progress in lowering costs, making added profit of nearly 232 million yuan (about 32.27 million U.S. dollars).

September29,2022

China's steel industry aims to achieve a high-quality growth featuring more advanced technology and equipment, stable resources supply, higher level of intelligence, enhanced global competitiveness and reduced emissions by 2025.

February08,2022

China's two major steelmakers, Ansteel and Ben Gang Group Corporation, inked a deal on Friday to kick off their merger and restructuring that will create the world's third-largest steelmaker.

August20,2021

Baoshan Iron & Steel Co., Ltd., known as Baosteel, on Tuesday said it has recently made its first yuan-denominated iron ore purchase worth over 100 million yuan (about 14.1 million U.S. dollars) with Australian mining giant Rio Tinto.

May13,2020

Overseas revenue of China's centrally-administered state-owned enterprises (SOEs) exceeded 24 trillion yuan and their total profits approached 600 billion yuan during the 13th Five-Year plan period(2015-2020), the country's top state assets regulator said on Tuesday.

February24,2021