There are essential differences between business modules. Baosteel Resources is a subsidiary of Baosteel Group, mainly engaged in minerals, logistics, scrap steel, coal and other materials needed for Baosteel's production. Baosteel International is a subsidiary of Baosteel Group, mainly engaged in steel trade, processing center and other businesses.
It can be roughly divided into: Baosteel resources are the processes of ore, coal, scrap steel and logistics before production in steel mills.
Baosteel International is the back-end sales, processing and distribution process of steel mill production.