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Baosteel partners with Saudi Aramco and PIF to invest in thick plate factory in Saudi Arabia
Baosteel (600019.SH) announced on Thursday that the company's board of directors has passed an important resolution, agreeing to adjust the investment plan to jointly establish a thick plate company with Saudi Arabian Oil Co. (Saudi Aramco) and Saudi Arabia's Public Investment Fund (PIF).
July26,2024
Xinhua Headlines: New factories driving China's high-quality growth
Nearly two years after the first BAO Robot took up the post at Baosteel in Shanghai, the country's largest steel maker has brought in many more such smart robots amid its digital transformation.
March25,2024
Baosteel conducts yuan-denominated deal with Rio Tinto
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
Baosteel's nets up 34.96pct on yr to RMB15.747bln in Q1-Q3
China's Shanghai Baoshan Iron and Steel Co., Ltd (600019.SH) announced that it achieved a net profit of 15.747 billion yuan in the first three quarters of 2018, up 34.96 percent year on year.
October31,2018
Firms of China and Mongolia ink USD750 mln coking coal supply agreement
Xinjiang Bayi Iron & Steel Company of China Baowu Steel Group signed a coking coal purchase agreement with an intentional amount of 750 million U.S. dollars with Mongolia's MoEnCo LLC, a subsidiary of Hong Kong-listed Mongolia Energy Corporation Limit
September04,2018
Baosteel wins Pakistan's nuclear project
Shanghai-listed steel manufacturer Baosteel has won the bid for supplying steel material to Pakistan's Karachi Coastal Power station, which is the first export deal for China-designed third-generation nuclear power technology.
April18,2017
Baosteel Pak nuclear project
Shanghai-listed steel manufacturer Baosteel has won the bid for supplying steel material to Pakistan's Karachi Coastal Power station, which is the first export deal for China-designed third-generation nuclear power technology, reported ifeng.com.
April18,2017
China approves merger of major steelmakers
The merger of China's two major steelmakers, Baosteel Group and Wuhan Iron and Steel Group, has been approved by the State Council, the State-owned Assets Supervision and Administration Commission said Thursday.
September23,2016
China approves merger of major steelmakers
The merger of China's two major steelmakers, Baosteel Group and Wuhan Iron and Steel Group, has been approved by the State Council, the State-owned Assets Supervision and Administration Commission said Thursday.
September23,2016
China Focus: China deepens steel industry restructuring
For employees of Wuhan Iron and Steel Group, the company's merger plan, announced Tuesday, means the end of the 58-year-old steel mill, the first to be built after New China was founded in 1949.
September22,2016
Merger plan for China's two major steel makers unveiled
China's major steel maker Baosteel on Tuesday evening unveiled a plan to acquire Wuhan Iron and Steel and will become the world's second largest steel-maker in terms of crude steel output, after ArcelorMittal.
September21,2016
China Focus: Merger plan for China's two major steelmakers unveiled
China's major steel company Baosteel has unveiled a plan to acquire Wuhan Iron and Steel and thereby will become the world's second largest steelmaker, after ArcelorMittal.
September21,2016
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