Baidu Encyclopedia shows that Baosteel's full name is China Baowu Iron and Steel Group Co., Ltd., which was formed by the joint reorganization of former Baosteel Group Co., Ltd. and Wuhan Iron and Steel (Group) Company, and was unveiled on February 0, 20 16+ 16. China Baowu Iron and Steel Group Co., Ltd. is an important state-owned backbone central enterprise supervised by the State Council State-owned Assets Supervision and Administration Commission, headquartered in Shanghai and Wuhan. Baosteel is the largest and most modern steel complex in China. Its market share of high-grade products such as automobile plates, shipbuilding plates and oil pipes ranks among the top in China, and it is also the main supplier of high-quality tool and die steel, high-performance bearing steel, spring steel, steel cord steel and aerospace steel.