It owns 3 major steel-making enterprises, Meishan Metallurgical Company and more than 10 rolling mills of Baosteel and Shanggang No.1, No.3 and No.5 Plants. The current production scale is second only to the Anben Iron and Steel Base. In 1990, the output of pig iron was 5.269 million tons, the steel was 894.18 million tons, and the finished steel was 6,090,800 tons. Pig iron, steel and steel accounted for 8.4%, 13.5% and 11.8% of the country's total output respectively. Shanghai's iron and steel base is located in Shanghai with developed industries, good production cooperation conditions, strong technical strength, high management level and convenient water and land transportation. This is the most favorable condition for this base. However, there is no iron, no coal or auxiliary materials in Shanghai. It needs to transport millions of tons of pig iron and coke from overseas. In the late 1960s and early 1970s, an ironmaking base was established in Meishan, Nanjing. At present, the steel products and profit margin of Shanghai Iron and Steel Base rank first in the country. Proper use of imported ore to produce high-quality, cutting-edge products is the main direction of the Shanghai Iron and Steel Base.
Baosteel is China's first modern large-scale iron and steel complex with world advanced level. The first phase of the project was put into operation at the end of 1985. In April 1992, the second phase of Baosteel was completed. After the second phase of the project is officially put into operation, it will form an annual output of 6.5 million tons of iron, 6.71 million tons of steel, 4 million tons of hot rolled coils, 2.1 million tons of cold rolled coils, 500,000 tons of seamless steel tubes and 2.6 million tons of commodity billets. Comprehensive production capacity.
Compared with other existing steel companies in China, Baosteel has the outstanding advantages of large-scale equipment and high degree of automation. It has 4063 cubic meters of blast furnace, 30O tons of oxygen top-blown converter, 450 square meters of sintering machine and 135O millimeter of rolling mill. It is the largest of its kind in the domestic steel industry, 6m coke oven and 140cm seamless. The steel tube mill is currently the most advanced in China. After Baosteel is completed, there are many products that will fill the gaps in the shortage or short-term product varieties of China's steel industry. Baosteel's off-site transportation is mainly water transportation, accounting for 80% of the transportation volume. The factory mainly uses tape transmission and has a relatively complete automatic control system. This is rare among similar companies in China.
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