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Environ Protection

China Baowu Steel Group Co., Ltd.

The “Green Revolution” of the World’s Largest Steel Company

Contact:Zhou Hui

Phone:0086-21-68403078

E-mail:zhouhui@baosteel.com

Address: Room 2105, No. 370, Pudian Road, Pudong New Area, Shanghai,

Post Code:200122

Transport: 1. Self-drive: No. 3 Gate of Baosteel, Fujin Road, Baoshan District (Turn left at Fujin Road Exit for Yixian Road Elevation, an 800-meter-ride) 2. Metro Line: Line 3 (off on Tieli Station).


China Baowu Steel Group Co., Ltd. was formed by Baosteel Group absorbing Wuhan Iron and Steel Corporation in December 2016. As the world’s largest steel company in 2020, it had successively merged with Maanshan Iron&Steel, Taiyuan Iron&Steel, Chongqing Iron&Steel and Echeng Iron&Steel. With steel plants distributed in more than a dozen provinces and cities and a steel output of 115.29 million tons, it ranks first worldwide in terms of business scale and profitability.

Baowu has been actively exploring the path of green and low-carbon development. In January 2021, it took the lead in issuing a declaration on carbon emission reduction in the steel industry that it will strive to peak carbon emissions by 2023, reduce carbon emissions by 30% by 2035 and achieve carbon neutrality by 2050. To this end, it has established a green and low-carbon innovative research base to accelerate the development and application of low-carbon metallurgical technologies. Upon success, the hydrogen-rich carbon cycle blast furnace project will greatly increase the utilization factor of smelting furnaces and reduce carbon emissions by 30%. Moreover, Baowu has tried to achieve green production via intelligent manufacturing. Its cold-roll “dark factory” uses information technology to realize autonomous driving, autonomous logistics operation and dirty, dangerous and difficult jobs done by robots. So, steel factories no longer need to be brightly lit, which greatly reduces energy consumption.

Baowu has actively made deployments overseas. In September 2021, Baosteel Co., Ltd., a subsidiary of Baowu, and Aramco, the world’s largest oil producer, signed a memorandum of understanding, and negotiated on the plan to jointly build a world-class full-process steel plate plant in Saudi Arabia. This was a key step in the company’s internationalization.

Since 2002, Baowu has successively begun to provide pairing assistance for the three counties in Tibet, namely Zhongba, Baxoi and Dingqing. Over the past 19 years, it has invested a total of RMB688 million in the assistance program, send 26 cadres to aid Tibet, and implemented 202 aid projects. It has taken a share in Tibet Mineral, introduced management experience and technical talents to the latter, and provided overall assistance in various fields such as infrastructure construction, economic development and public service capacity building.

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