China Baowu Iron and Steel Group Co., Ltd. is an important state-owned backbone central enterprise supervised by the State owned Assets Supervision and Administration Commission of the State Council, headquartered in Shanghai and Wuhan. Subsidiary Baoshan Iron and Steel Co., Ltd., abbreviated as Baosteel Group, is a listed company of China Baowu Iron and Steel Group Co., Ltd. on the Shanghai Stock Exchange. China Baowu Iron and Steel Group Co., Ltd. is the largest and most modern steel conglomerate in China.

In July 2019, the 2019 Fortune Global 500 was released, ranking 149th. On September 1, 2019, the 2019 Top 100 Leading Enterprises in China’s Strategic Emerging Industries list was released in Jinan, with China Baowu Iron and Steel Group Co., Ltd. ranking 28th; On the same day, the 2019 Top 500 Chinese Manufacturing Enterprises list was released, and China Baowu Iron and Steel Group Co., Ltd. ranked 12th. The “the Belt and Road” Top 100 Chinese Enterprises ranked 70th.