BAOSTEEL

Company

Investment-firm

Last deal

Amount

Post-IPO Equity

Stage

01.01.2019

Date

1

all rounds

General

About Company
BAOSTEEL is a leading Chinese company that manufactures and trades iron and steel products and byproducts.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Baoshan Iron and Steel Co., Ltd., China Baoshan Iron & Steel

founded date

01.01.1978

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

The company operates through three divisions, namely steel manufacturing, steel sales, and other divisions encompassing finance, chemical, and information units. Baosteel dominates the domestic market, with over 50% share in the cold-rolled automotive sheet market, around 80% share in the grain-oriented electrical steel market, and a significant presence in the non-oriented electrical steel market. Apart from its steel businesses, Baosteel is also involved in information technology, chemical, finance, and e-commerce activities, accounting for the remaining 5% of its revenue.