Baosteel Stainless Steel is a large iron and steel conglomerate, now has 18 million tons of steel supporting production scale, total assets of 92.1 billion yuan, 54,000 employees. In 2011, Baosteel produced 15 million tons of steel and realized operating revenue of 95.6 billion yuan. In the 2011 SBB (Global Steel News) ranking of the world's top 20 steel companies, Baosteel ranks 16th.