220 of 500

220. Baosteel Group

Rank: 220 (Previous rank: 259)
CEO: Xu Lejiang
Employees: 116,576
Address: 370 Pudian Rd.
Shanghai, 200122
Country: China
Website: www.baosteel.com

	$ millions	% change from 2007
Revenues	35,516.6	18.6
Profits	2,313.8	-19.0
Assets	51,662.7	—
Stockholders' equity	27,101.1	—

Profits as % of
Revenues	6.5
Assets	4.5

Industry: Metals

Rank	Company	Global 500 rank	Revenues ($ millions)
1	ArcelorMittal	28	124,936.0
2	ThyssenKrupp	74	80,210.0
3	Nippon Steel	157	47,479.0


4	JFE Holdings	194	38,903.2
5	POSCO	199	37,976.2
6	Baosteel Group	220	35,516.6
7	Tata Steel	258	32,018.0
8	Alcoa	314	28,119.0
9	China Minmetals	331	26,667.2
10	Sinosteel	372	24,163.6
11	Hebei Iron & Steel Group	375	24,033.7
12	United States Steel	382	23,754.0
13	Nucor	386	23,663.3
14	Heraeus Holding	392	23,292.4
15	Metal�rgica Gerdau	400	22,859.7
16	SeverStal	409	22,392.7
17	Kobe Steel	429	21,672.8
18	Jiangsu Shagang Group	444	20,896.9
19	Evraz Group	454	20,380.0
20	Aluminum Corp. of China	499	18,578.7

See all

More competitors

From the July 20, 2009 issue

Government owned 50% or more.

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...Top 50 Headquarters

Show: Top 50 | 25 Most Profitable | Global 500 | Baosteel Group

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Top 3

Rank # of Global 500 Companies
U.S.	140
Japan	68
France	40

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Company	2008 Number of Employees
Wal-Mart Stores	2,100,000
China National Petroleum	1,618,393
State Grid	1,537,000

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Company	2008 Profits ($ millions)
Exxon Mobil	$45,220
Gazprom	$29,864
Royal Dutch Shell	$26,277

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FAQ and methodology

All companies on the list must publish financial data and report part or all of their figures to a government agency. In the U.S., private companies and cooperatives... More

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High revenue growth	High profit growth
Based in Asia	Based in Europe
Based in U.S.	Top 5 in its industry
Big employer	Small employer

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