Baosteel provides raw materials for industry, such as this heavy machinery plant in Beijing. PHOTO BY JOAN LEBOLD COHEN.
Baosteel Group Corporation, located in Shanghai, is China’s largest iron and steel conglomerate, with a steelmaking capacity of about 30 million tons a year. In 2001, Baosteel became the primary supplier of steel to the Italian automaker Fiat, a step toward Baosteel’s goal of becoming a primary producer of automotive steel. In