November 17, 1998, September 29, (Tiger), Shanghai Baosteel Group Corporation was formally established. The Baosteel three blast furnaces,


Pictured overlooking
1998 November 17, 2010, approved by the State Council, China's most modern features large iron and steel conglomerate Shanghai Baosteel Group Corporation was officially established. By Baosteel, Shanghai Metallurgy and Meishan three iron and steel enterprises set up a joint. Shanghai Baosteel Group Company, member of the Political Bureau of the CPC Central Committee, Vice Premier Wu Bangguo, member of the Political Bureau of the CPC Central Committee, Shanghai Party Secretary Huang Ju inauguration. [����d��y����h�� $ �Ө�ry.c��m]
Wu Bangguo was established at the meeting pointed out that the establishment of the Shanghai Baosteel Group Corporation is a major event in China's iron and steel industry, the CPC Central Committee and the State Council are very concerned about. The State Council, several studies discussed. Shanghai Baosteel Group Corporation must be in accordance with the decision of the central authorities, under the support of the relevant departments in Shanghai, solidarity, co-ordination, inspired, positive work, efforts to comply with the requirements of the General Secretary Jiang Zemin, "to do a world-class enterprise, creating the world first-class level, and strive to create a new situation in the steel industry with the Shanghai area.
Wu said the establishment of the Shanghai Baosteel Group Corporation, is to accelerate the development of iron and steel enterprises in Shanghai area, to prevent redundant construction, an important way to achieve the optimal allocation of resources. Beneficial joint unified planning of the iron and steel industry in the Shanghai area, rational division of labor; beneficial products complement each other to develop their potentials; conducive to play each company's research, technology and talent advantages and strengths of the three companies to form a fist and concentrate doing big things, to build Shanghai into a major base of China's iron and steel industry new processes, new technologies and new materials developed.
Wu Bangguo stressed their hopes Shanghai Baosteel Group Corporation is the vanguard of the iron and steel industry, the CPC Central Committee and the State Council. He put forward five demands: First, to optimize the product structure, the development of the steel bases. The second is to vigorously promote technological progress, and pay close attention to technical innovation projects. Third, deepening enterprise reform, the establishment of a modern enterprise system. Fourth, improve the management level, to be effective management. Fifth, we should actively provide support and services for the development of Shanghai Baosteel Group Corporation.