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Baosteel and Kumba Agreement on 2005 Iron Ore Prices

After negotiations held by the parties last week, Baosteel, the largest steel maker in China, concluded the iron ore price negotiations with South Africa-based Kumba. As an outcome of these negotiations, iron ore prices (FOB) for Kumba lump and fine iron ore increased respectivel...

Shanghai Baosteel Business Development Co., Ltd. Turned Up Trumps Last Year

Shanghai Baosteel Business Development Co., Ltd. (BBDC), has basically come to the business pattern with steel structure, metal packing and industrial gas as its core businesses by means of the sustained adjustment of its business structure and the upgrade of its competence in ...

Pickling & Rolling Line of Baori Automobile Sheet Co. Produced Forty Thousand Tons of Steel Products During the Two-month Trial Production

Since the two-month hot load trial run of 1800 pickling & rolling line, Baori Automobile Sheet Co. has produced forty thousand tons of products of different verities. The technicians of the Company has changed the traditional rolling process and accomplish the task allotted by ...

Baosteel Quality Inspection Institution Selected as the State Advanced Project Quality Inspection Institution

Recently, Baosteel Project Inspection Institution has won the highest award-the State Advanced Project Quality Inspection Institution issued by the State Construction Ministry and become the only institution in metallurgical industry in China who won the prize. The institution ...

Baosteel's View on the Iron Ore Fine Price for 2005 Reached by CVRD and Nippon Steel

On February 22nd, CVRD has reached agreement with Nippon Steel that the iron ore fine price of Carajias from North System and Itabira from South System of CVRD will increase by 71.5%. Baosteel believes that this price increase is out of the range that steel industry can sustain, ...

Baosteel and Hamersley Agreement on 2005 Iron Ore Prices

After negotiations held by the parties last week, Baosteel, the largest steel maker in China, concluded the iron ore price negotiations with Australia-based Hamersley. As an outcome of these negotiations, iron ore prices (FOB) for Hamersley lump, fine and Yandi iron ore increased ...

Baosteel and CVRD Agreement on 2005 Iron Ore Prices

After negotiations held by the parties last week, Baosteel, the largest steel maker in China, concluded the iron ore price negotiations with Companhia Vale do Rio Doce (CVRD), the world's largest iron ore producer. As an outcome of these negotiations, iron ore prices (FOB) for ...

Xie Qihua and Xu Lejiang Meet with Guests from BearingPoint

On Feb. 24, Xie Qihua, chairwoman of Shanghai Baosteel Group Corporation, Xu Lejiang, president of Shanghai Baosteel Group Corporation met with a delegation led by McGeary, chief executive officer of BearingPoint. BearingPoint is a world famous consulting firm who maintains a ...

Hot Run of the Heavy Plate Conticaster of Baosteel Co., Ltd. Successful

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The Credit Rating of Shanghai Baosteel Group Corporation and Baosteel Co., Ltd. Raised to "BBB+"

Standard & Poor has raised the credit rating of Shanghai Baosteel Group Corporation to BBB+ from BBB on Dec. 6. At the same time, Baoshan Iron and Steel Corporation Ltd., the public limited company in which Baosteel Group holds 85 percent of its stock, has also received a credit ...

Orders for Baosteel Aluminum Galvanized Products Keep Pouring In from Overseas

Since the hot galvanizing line No. 3 went into trial production on June, Baosteel has produced 46.7 thousand tons of aluminum galvanized products, among which 18.2 thousand tons are the finger-print-resistant products. Recently, Baosteel has received an export contract for 1280 ...

Wuhan Baosteel Central China Trading Company Established

On Nov. 30, Wuhan Baosteel Central China Trading Company, another regional trading headquarters of Baosteel in China, was established in Wuhan. It is an effective move made by Baosteel to satisfy customer and to create added value for customer. Chen Xunqiu, vice secretary of CPC ...

Baosteel Contracted to Rent Transports from Belgium's Kleimar

Shanghai Baosteel Group Corporation have contracted to rent transports from Belgium's Kleimar, the signing ceremony was held at Baosteel Tower on Nov. 24. According to the ten-year contract, Kleimar will transport 680 thousand tons of Brazilian ore for Baosteel every year from ...

Baosteel, CVRD and Yong Cheng Coal and Electricity (Group) Co., Ltd. Sign Agreement to Produce Coal

Recently, Shanghai Baosteel Group Corporation, Brazil-based Companhia Vale do Rio Doce (CVRD) and Henan Yong Cheng Coal & Electricity (Group) Co., Ltd. signed a formal agreement in Brasilia to build a joint venture to produce coal in China. Madam Xie Qihua, chairwoman & president ...

Xie Qihua Elected New Chairwoman of China Iron and Steel Association

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Baosteel E-Commerce Totaled RMB Eight Billion Last Year

In 2004, Baosteel has implemented a new round of development strategy to promote the integrative operation and to further and broaden the application of e-commerce. The online business has totaled RMB 8 billion last year, a 36% increase compared with last year, raising Baosteel's ...

Special Steel Production of Baosteel No. 5 Steel Amounted One Million Tons

Special steel production of Baosteel No. 5 Steel reached 1.1 million tons in 2004, a 25.3% increase compared with last year; the annual sales has reached 5.52 billion Yuan, a 44.7% increase compared with last year, also a great increase in profit. Baosteel No. 5 Steel improves it ...

Two Production Methods of Baosteel No. 5 Steel Obtain the State Invention Patent

Recently, "the production method of bearing steel billet" and "the production method of Cr12MOV blooming" of Baosteel No. 5 Steel have been patented by the State Intellectual Property Office of P.R.C. The two production methods have improved the ultimate yield and the quality of ...

Xu Lejiang Meets With Guests From Rio Tinto

Recently, Xu Lejiang, president of Shanghai Baosteel Group Corporation, He Wenbo, vice president of the Group met with Bao Yian, the marketing and sales CEO of Rio Tinto at Baosteel Tower. Xu Lejiang and Bao Yian both showed satisfaction to the bilateral cooperation and they also ...

Baosteel Co., Ltd. and Gree Electric Appliance Inc Signed Strategic Cooperation Agreement

Recently, Baosteel Co., Ltd. signed a strategic cooperation agreement with Gree Electric Appliance Inc - the biggest air-conditioner manufacturer in China. Ai Baojun, president of Baosteel Co., Ltd. and Zhu Jianghong signed the agreement on behalf of the respective sides. ...
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