The list of 2022 Fortune’s most admired Chinese companies was released recently and BaoSteel was selected to be in the All-Star list, the only iron and steel company which topped the list in the metal industry. The reason for selection of BaoSteel by Fortune as the most admired Chinese company on All-Star list is that the steel will be a recyclable green material. In June 2022, BaoSteel released the "2021 Climate Action Report", focusing on six major aspects of extreme energy efficiency, hydrogen-based shaft furnaces, green energy boosting, hydrogen-rich carbon cycle blast furnaces, smart manufacturing, and increasing steel scrap utilization, and vigorously promoted the green process of iron and steel manufacturing. In November, the company made the world's first three auto sheet parts with a carbon reduction of more than 50%, becoming a demonstration application of ultra-low carbon emission steel materials in auto parts.
The list of 2022 Fortune’s most admired Chinese companies was released recently and BaoSteel was selected to be in the All-Star list, the only iron and steel company which topped the list in the metal industry. The reason for selection of BaoSteel by Fortune as the most admired Chinese company on All-Star list is that the steel will be a recyclable green material. In June 2022, BaoSteel released the "2021 Climate Action Report", focusing on six major aspects of extreme energy efficiency, hydrogen-based shaft furnaces, green energy boosting, hydrogen-rich carbon cycle blast furnaces, smart manufacturing, and increasing steel scrap utilization, and vigorously promoted the green process of iron and steel manufacturing. In November, the company made the world's first three auto sheet parts with a carbon reduction of more than 50%, becoming a demonstration application of ultra-low carbon emission steel materials in auto parts.
