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Materials Companies

In recent years China’s economy has grown steadily and at a fast rate rate, and so has demand for materials to produce everything from automobiles to household appliances. China’s unquenchable thirst for construction has also led to high demand for materials. For China’s numerous ambitious construction projects it is estimated the country is currently using half the world’s concrete and a third of its steel supply. Therefore, it is not surprising that eight materials companies feature in the Forbes top forty largest companies in China. Below you can find company profiles for the largest materials companies in China.

Baoshan Iron & Steel

Baoshan Iron & Steel, or ‘Baosteel’ for short, is located in Shanghai and is the largest and most modern iron and steel complex in China. According to the ‘Guide to the World Steel Industry’ Baosteel is ranked in the top three competitive steel produces in the world.


 

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