Baotou Steel

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For another steel company headquartered in Shanghai, see Baosteel Group.
Baotou Iron and Steel Group Company Limited
包头钢铁集团有限公司
TypeState-owned enterprise
IndustrySteel manufacturing
Founded1954
Headquarters
Baotou, Inner Mongolia
,
China
Area served
People's Republic of China
Key people
Chairman and Party Committee Secretary: Mr. Cui Chen
SubsidiariesInner Mongolia Baotou Steel Union Company Limited
Websitebtsteel.com
Inner Mongolia Baotou Steel Union Company Limited
內蒙古包钢钢联股份有限公司
TypeState-owned enterprise
IndustrySteel manufacturing
Founded1997
Headquarters
Baotou, Inner Mongolia
,
China
Area served
People's Republic of China
Key people
Chairman: Mr. Cao Zhongkui
ParentBaotou Iron and Steel Group Company Limited

Baotou Iron and Steel Group, Baotou Steel or Baogang Group is an iron and steel state-owned enterprise in Baotou, Inner Mongolia, China. It was reorganized in 1998 from Baotou Iron and Steel Company established in 1954. It is the largest steel enterprise in Inner Mongolia. It has a large base of iron and steel and the largest scientific research and production base of rare earths in China.[1]

Its subsidiary company, Inner Mongolia Baotou Steel Union (SSE: 600010[2]), was established and listed on the Shanghai Stock Exchange in 1997.[3]

In March 2021, at Baogang’s Baotou facility, a ten year employee took his own life by jumping into a blast furnace after having lost over $9,000 as a result of failed investments. The incident went viral after being captured on a facility surveillance camera.[4]

See also[]

External links[]

References[]

  1. ^ Baotou Iron and Steel Group (Baotou Steel)
  2. ^ Baotou Steel to buy assets from parent
  3. ^ Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co., Ltd[permanent dead link]
  4. ^ Steinbuch, Yaron (1 April 2021). "Chinese worker kills himself by jumping into furnace after losing $9K: report". New York Post.
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