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 Shanghai Baosteel International Economic & Trading Corporation Ltd.( referred to below as Baosteel International) is a subsidiary totally owned by Baoshan Iron & Steel Group, and a comprehensive trade corporation integrating industries and businesses such as mining, steel industry, equipment and engineering business, in-depth processing , material flow and non-steel industry and so on. Baosteel was re-organized on Nov. 13th 2001based on the original Baosteel Group International Economic & Trading Corporation Ltd. in a mode of absorbing, merging, concentrating capital of Baosteel Group in relation to trade industry, with a registered capital of RMB 1.45billion Yuan, total assets of RMB 13.1billion Yuan, and 2200 staff.
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