Baosteel s new photovoltaic support material

Does Baosteel sell steel?

Recently, Baosteel has set up an electric trading center for steel with Bao Shan district government in Shanghai. The center not only sells Baosteel's products, but is also a third party platform for other steel companies, dealers and clients. In 2000, a subsidiary of Baosteel styled Oriental Steel started e-commerce in steel products.

What is Baosteel's new strategy?

At present, Baosteel has a new strategy to transform itself from "steel to material, manufacturing to service, China to global". We will develop new steel materials and replace existing products with higher-performance items. At the same time, we will introduce non-steel materials for the automobile sector and other clients.

Why is Baosteel a good partner for BBAC?

As a steel enterprise that builds ultra-low carbon emission automotive steel and promotes the greening of steel manufacturing, Baosteel is an important partner for BBAC to achieve a green supply chain in the long term.

Will BBAC & Baosteel build a green steel supply chain?

[November 22, 2022] BBAC and Baosteel officially signed a Memorandum of Understanding (MOU) via a virtual ceremony on building a Green Steel Supply Chain and working together on reducing CO2 emissions step by step.

Is Baosteel the biggest steel company in China?

Shanghai-based Baosteel is the biggest steel company in China. But that does not insulate it from the industry's problems -- including rising raw material costs, slowing demand from downstream clients and the threat of industry overcapacity.

How does Baosteel manage the environment?

In addition to this, we have implemented a manage-the-environment strategy, which is an innovative model integrating environment protection, into our business and building up a green value chain. In short, for steel companies like Baosteel, the opportunity in the domestic market will come mainly from the low-carbon economy.