China Baowu Iron and Steel Group
中国宝武钢铁集团有限公司
Steel, steel products
Baowu Group (formerly known as Baosteel and Baoshan, which are now subsidiaries) is the world’s largest producer of steel, making nearly 12% of China’s and 6% of the world’s steel in 2021.[i] Baowu is a PRC state-owned enterprise with revenue of CNY 364 billion in 2021, showing growth of nearly 30% in that year.[ii] The company has been on a fifteen-year growth trajectory, and is poised for continued growth, as the PRC government has deliberately restructured and consolidated the country’s steel production through mergers and acquisitions. Baowu is currently in the top 50 of the Global Fortune 500 companies.[iii]
See subsidiary Baowu Group Xinjiang Bayi Iron and Steel Co., Ltd.
Bayi accounts for at least 9% of Baowu's steel production.
various cooperation agreements, supplier agreements, joint ventures
Toyota Tshusho America has received shipments of steel coils from Baowu subsidiaries.
GM Tech Center in Michigan received shipments of cold rolled steel sheets from Baowu in 2020.
via Baowu subsidiary Shanhai Meishan
SAIC-Volkswagen named Baowu an "excellent supplier"
Baowu and SAIC Motors have a cooperation agreement to run the SAIC-Baowu Automotive Steel Joint Lab
sourced steel from Baowu via subsidiary Shanghai Meishan Iron and Steel
sourced steel from Baowu
This company should probably be marked as a casting, rolling, and finishing company, but for clarity of the supply chain display, it has been marked as a pre-cursor manufacturer.
sourced steel from Baowu
This company should probably be marked as a casting, rolling, and finishing company, but for clarity of the supply chain display, it has been marked as a pre-cursor manufacturer.
sourcing from Baosteel
This company should probably be marked as a casting, rolling, and finishing company, but for clarity of the supply chain display, it has been marked as a pre-cursor manufacturer.
sourced steel from Baowu
sourced from Baowu
This company should probably be marked as a casting, rolling, and finishing company, but for clarity of the supply chain display, it has been marked as a pre-cursor manufacturer.
sourced from Baowu
This company should probably be marked as a casting, rolling, and finishing company, but for clarity of the supply chain display, it has been marked as a pre-cursor manufacturer.
sourced from Baowu
Worthington Steel has a joint venture with Baowu called Tailor Welded Blanks, which makes a part used in structural parts of the car to reduce body weight
Worthington Steel has a joint venture with Baowu called Tailor Welded Blanks, which makes a part used in structural parts of the car to reduce body weight.
Joint Venture of Baowu and JFE.
This company should probably be marked as a casting, rolling, and finishing company, but for clarity of the supply chain display, it has been marked as a pre-cursor manufacturer.
Joint Venture of Baowu and JFE.
This company should probably be marked as a casting, rolling, and finishing company, but for clarity of the supply chain display, it has been marked as a pre-cursor manufacturer.