Baosteel Group

Shanghai Baosteel Group Corporation, usually known as Baosteel is a state-owned steel company which is one of the biggest steel producers in the world, based on output. Its 2000 initial public offering in Shanghai was the largest in China at the time even though it was restricted to domestic investors.

21 Dec 2012

Baoshan Iron & Steel and its parent Baosteel Group have agreed to invest a total of 10 billion yuan (HK$12.3 billion) to take a minority stake in PetroChina's third west-to-east natural gas...

3:46AM
17 Nov 2012

Baosteel Group, the mainland's second-biggest steel producer, has begun moving part of its production facilities out of Shanghai in response to the city's efforts to reduce pollution.

4:18AM
13 Sep 2012

China's leading steel manufacturer Baosteel's share divestment in China Construction Bank last week signals large state-owned enterprises hit hard by overcapacity could need to further jettison...

3:06AM
21 Feb 2012

Baosteel Group, China's second-largest steel producer, has mandated Bank of China as lead manager and book-runner for a proposed yuan-denominated bond offering.

8:00AM
21 Dec 2007

Shenzhen Development Bank has won shareholders' approval to sell a 5.44 per cent stake to Baosteel Group for 4.22 billion yuan to help ease its financial needs.

2:32PM
7 Sep 2007

Baoshan Iron and Steel, the listed arm of the mainland's largest steelmaker, said it might buy its parent's stake in a planned 19 billion yuan steel mill when the time is ripe.

2:04AM

Xie Qihua yields to younger leaders after building the firm into a 142b yuan group


Xie Qihua, known as the 'Iron Lady', has finally stepped down as chairwoman of Baosteel Group, China...

3:01PM

Baosteel Group, China's largest steelmaker, has started laying the groundwork for its long-awaited overseas listing by engaging in talks with financial intermediaries, industry sources said.

2:23PM

In keeping with moves to promote transparency, top steelmaker buys shares in rival on the open market

7:14PM

Outgoing chief Xie Qihua has been on a buying spree driven by her ambition to see Baosteel end up as one of a handful of giants left standing

5:36PM

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