Baosteel Group Corporation is an iron and steel producer whose products are used in a wide variety of industries including the automobile, energy, transport, petrochemical and aerospace industries. The company was founded in 1977 as Baoshan Iron & Steel and acquired its current name in 1998. Baosteel Group Corporation employs approximately 108,914 workers at locations across the world, and is headquartered in Pudong, Shanghai, China.