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	Baosteel plans stock option offer
		Baosteel Group, China's largest steel mill, said yesterday it will offer stock option incentives to its management, making it the first central State-owned enterprise (SOE) to introduce such a scheme.
		Baosteel, recently rated as having an excellent credit rating by Standard and Poor's, said yesterday in a filing to the Shanghai Stock Exchange that offers will be made to board members, senior management and other selected staff to buy the company's shares at below stock market prices.
		Baosteel is the first central SOE to adopt such a scheme, but others are expected to follow suit.
	www.chinadaily.net /bizchina/2006-12/20/content_763788.htm (517 words)

	SAS \| Customer Success: Shanghai Baosteel
		With the help of SAS software, this vast amount of data is being put to good use in order to monitor and improve the company's performance in a whole host of areas, from quality control to shortening delivery cycles, from improved stock control to maximizing sales revenue.
		SAS Warehouse Administrator is used as one of the key components of this infrastructure, giving Baosteel the ability to centrally manage data across the organization and to capture and manage meta data – information on the data available in the warehouse.
		The next stage for Baosteel is to make use of this data to provide us with a competitive advantage.
	www.sas.com /success/shanghaibaosteel.html (787 words)

	Baosteel reinforces resources boom \| Matthew Stevens \| The Australian
		Baosteel's fuss-free agreement on a 9.5 per cent price rise is the fastest settlement in a decade and is laden with implications for the seaborne iron ore market, for our miners current and future, and for our national well-being.
		But what Baosteel is saying most plainly is that the resources boom ain't going away any time soon.
		Baosteel's early settlement surprised the Australian producers and the former kings of the price talks, the Japanese steel mills.
	www.theaustralian.news.com.au /story/0,20867,20966158-5001641,00.html (918 words)

	Shanghai Baosteel Selects Bentleys DigitalPlant as its 3D Plant Design Solution, Be
		Shanghai Baosteel Group Corporation is a large iron and steel conglomerate established on November 17, 1998, with the former Baoshan Iron and Steel (Group) Corporation as the core, and absorbing the former Shanghai Metallurgical Holding Group Corporation and the former Shanghai Meishan Group Co., Ltd.
		Baosteel is one of the most profitable steel enterprises in the world enjoying international competence, and its annual production capacity is about 20 million tons.
		Baosteel was ranked No. 372 on Fortune magazine's list of 2003 Global 500, and became the first of its kind in the competitive industry and the manufacturing sector in China to enter the world's top 500 enterprises.
	news.thomasnet.com /companystory/483951 (1136 words)

	www.mineweb.net \| sections \| what's new Russian steelmaker in Chinese fantasy (Site not responding. Last check: 2007-11-04)
		Shanghai-based Baosteel is China's largest steel producer, and the third largest in the world.
		Evraz and Baosteel are both short of the raw materials required for steelmaking.
		BaoSteel is already a heavy importer of iron-ore and coking coal from Australia, Brazil and, most recently, from the US.
	www.mineweb.net /sections/whats_new/385255.htm (812 words)

	Baoshan Iron & Steel Co Ltd (Baosteel)
		Baoshan Iron and Steel Co Ltd (Baosteel for short) is the largest and most modernized iron and steel complex in China.
		Baosteel has established its status as a world grade steel producer with comprehensive advantages in reputation, talents, innovation, management and technology.
		Baosteel was also believed the most promising iron and steel enterprise in the future.
	www.chinadaily.com.cn /bizchina/2006-11/15/content_734118.htm (142 words)

	Baosteel - Wikipedia, the free encyclopedia
		Shanghai Baosteel Group Corporation (Chinese: 上海宝钢集团公司; pinyin: Shànghǎi Bǎogāng Jítuán Gōngsī), commonly referred to as Baosteel (Chinese: 宝钢; pinyin: Bǎogāng) is the largest Chinese iron and steel conglomerate.
		It is a state-owned enterprise, headquartered in Shanghai.
		Baosteel has a crude steel production capacity of about 20 million tons.
	en.wikipedia.org /wiki/Baosteel (113 words)

	BBC News \| BUSINESS \| China's Baosteel heads for stock market
		The price range for Baosteel's shares has been set at 3.5 yuan ($0.42) to 4.2 yuan each, suggesting the sale will raise 6.57bn-7.85bn yuan and become by far the biggest share listing in China.
		Baosteel's forecast earnings of 0.224 yuan per share for 2000 would make it much more profitable than many other Chinese steelmakers, several of which are making losses partly because of overcapacity in the industry.
		Baosteel, which produced 7.5 million tonnes of raw steel last year, has said it also hopes to list in Hong Kong and New York later this year.
	news.bbc.co.uk /1/hi/business/1009909.stm (402 words)

	V-LINE Europe
		It is 85% owned by Shanghai Baosteel Group Corporation and is the state holding corporation’s core operating subsidiary.
		Called Baosteel, for short, it is China’s leading steelmaker and was ranked among the first three of the most competitive steel producers globally according to “Guide to the World Steel Industry”.
		Baosteel specializes in producing high-tech and high-value-added steel products and has become the main steel supplier to domestic automobile, household appliances, container, oil and gas exploration and pressure vessel industries.
	www.v-line.com /en/news/BAOSTEEL.html (405 words)

	China's Leading Steelmaker Baosteel Selects ILOG CPLEX for its Supply Chain Planning solution
		Baosteel’s EMP supply chain solution handles more than 10,000 products, which it provides to more than 1,000 customers over a 90-day planning horizon.
		With an efficient centralized system in place, Baosteel is looking forward to further expanding its supply chain management capabilites, reaching out to new customers, and setting up new facilities and plants in China and the rest of the world.
		The Baosteel implementation began in September 2003, went live in November 2004, and began delivering positive results for Baosteel by the first quarter in 2005.
	www.ilog.com /corporate/releases/us/060308_baosteel.cfm (731 words)

	Resource Investor - Base Metals - Baosteel to Fight Domestic Rivals by Cutting Prices (Site not responding. Last check: 2007-11-04)
		Baosteel will drop its steel price by $50 to $80 per tonne on average for the first quarter of 2006, a source close to Baosteel's sales department, who asked to remain anonymous, said.
		In addition, Baosteel said it is facing strong challenges from Wuhan Iron and Steel Corp.'s automotive plates and silicon sheets, and from cold-rolled plates and galvanizing plates produced by the joint venture between German ThyssenKrupp and Anshan Iron and Steel Co. (Angang).
		Baosteel also said in the document it could not dominate the domestic steel market now due to the decentralization of Chinese steel mills and declining prices, which has forced companies into a price war.
	www.resourceinvestor.com /pebble.asp?relid=14644 (856 words)

	FT.com / Markets / Asia-Pacific - Baosteel sets new fundraising mark (Site not responding. Last check: 2007-11-04)
		Baosteel sold 5bn shares at RMB5.12 each, close to the top of the pricing range it had announced when it began the offering two weeks ago.
		The company is expected to use the funds to buy a range of assets from its parent Shanghai Baosteel Group, including steel mills, a port and mining interests, in a reorganisation that could lead the way to an international listing.
		Baosteel, which had an initial public offering in December 2000, is the world’s eighth-largest steelmaker and is aiming to become one of the world’s top-three players by 2010.
	www.ft.com /cms/s/feb7df26-b684-11d9-aebd-00000e2511c8.html (546 words)

	Siemens AG - Siemens modernizes hot rolling mill and tandem cold mill at Baosteel
		(Baosteel) in Shanghai to modernize hot strip rolling mill No. 1 and tandem cold mill No. 1.
		With an annual production of 20 million metric tons, Baosteel is the largest steel producer in China and No. 5 worldwide.
		For this mill, Siemens is supplying new Simoreg-type digital control systems for the existing DC drives and a new basic and process automation system, including the associated technological controllers.
	www.siemens.com /page/1,3771,1146368-1-999_0_0-0,00.html (455 words)

	FOCUS - China's Baosteel acquisition of Handan Steel unlikely - Forbes.com (Site not responding. Last check: 2007-11-04)
		State media reported in April that Baosteel received preliminary approval from the State Council for a steel facility in Zhanjiang city in the southern province of Guangdong, with a total investment of over 14 bln yuan and a designed annual capacity of 10 mln tons.
		Baosteel is also seeking a 50 pct stake in a six mln ton steel joint venture in Brazil with the country's largest steelmaker Companhia Siderurgica Nacional (CSN).
		Baosteel signed a deal with Magang Group Holdings, parent of Maanshan Iron and Steel Co Ltd (SHA 600808; HK 0323), in January to cooperate on raw material purchasing, marketing and management.
	www.forbes.com /finance/feeds/afx/2006/06/05/afx2792536.html (872 words)

	BW Online \| January 26, 2004 \| China's Rising Star In Steel
		Baosteel, by contrast, was founded near Shanghai's port in 1978, the year Deng Xiaoping opened China's economy, and designated by central planners as the steel industry's flagship.
		Today, Baosteel is China's biggest steel manufacturer, and the "best in terms of technology, equipment, and management," says Alain Davezac, who oversees international business development at Arcelor, Europe's biggest steelmaker.
		Though Baosteel is still controlled by the state, the company in December signed a deal with Arcelor and Tokyo-based Nippon Steel Corp. to build a $785 million plant in Shanghai.
	www.businessweek.com /magazine/content/04_04/b3867068.htm (1323 words)

	Baosteel plans takeovers - Business - International Herald Tribune
		BEIJING Baosteel Group, the largest Chinese steel maker, plans to take over other producers as the government steps up efforts to close smaller steel plants, the company's chairwoman, Xie Qihua, said.
		Baosteel, which is state-owned, expects acquisitions to help raise its production capacity from 30 million tons this year to 50 million tons, Xie said in an interview Tuesday in Buenos Aires.
		Prices of iron ore rose 19 percent to a record this year even as Chinese producers, coordinated by Shanghai-based Baosteel, tried to resist an increase.
	www.iht.com /articles/2006/10/04/business/steel.php (445 words)

	Baosteel, CVRD Settle Agreement on 2007 Iron Ore Price (Site not responding. Last check: 2007-11-04)
		Baosteel is the world's first steel company to settle an iron ore contract with the CVRD for the financial year beginning on April 1, 2007.
		Baosteel failed to reach agreement, on behalf of all China's steel mills, on the iron ore price with the the world's three main iron ore providers -- BHP Billiton, Rio Tinto and CVRD -- for successively three years.
		Baosteel has more than 30,000 employees and its output exceeded 20 million tons last year.
	english.cri.cn /2946/2006/12/22/272@176659.htm (487 words)

	ILOG Manufacturing Customers
		Baosteel is staying ahead of the competition with ILOG CPLEX.
		As one of China�s leading steelmakers, Baosteel needed a new planning solution that could quickly fulfill customer orders in a complex environment.
		Baosteel can now look forward to further expanding its supply chain management capabilities while improving customer satisfaction and setting up new facilities around the world.
	www.ilog.com /industries/manufacturing/success/index.cfm?cust=id386 (184 words)

	China's Baosteel raised to 'A-', outlook stable on healthy profits - S&P (Site not responding. Last check: 2007-11-04)
		Baosteel's conservative financial policy and its prudent approach to growth are also factored into the rating.
		'Baosteel's strengths are tempered by the highly cyclical nature of the steel industry, an increasingly competitive operating environment, both domestically and globally, and risks associated with its future business growth, especially from acquisitions and foreign investments,' the note added.
		Baosteel Group, through its 78 pct ownership in listed unit Baoshan, is China's biggest and the world's No 6 largest steelmaker, with production of 22 mln tons of finished steel products last year.
	money.cnn.com /news/newsfeeds/articles/newstex/AFX-0013-12763066.htm (653 words)

	Forex News Update China's Baosteel concludes plate-steel talks with SKorea shipbuilders - report (Site not responding. Last check: 2007-11-04)
		Though Baosteel would not disclose any contract price concluded with shipbuilders, market sources were cited as saying that the agreed new price is around 620 usd per ton.
		Wuhan Steel concluded a price of 580 usd per ton, while Baosteel and Anshan Steel are believed to have settled at similar levels.
		Shanghai Baosteel Group Corp (Baosteel), the country's largest steelmaker, is the parent of Baoshan Iron & Steel Co Ltd (SHA 600019).
	www.forextv.com /FT/AFX/ShowStory.jsp?seq=130928 (374 words)

	Resource Investor - Base Metals - Handan Steel Buys Back Shares to Thwart Baosteel's Takeover Bid (Site not responding. Last check: 2007-11-04)
		Baosteel, China's largest steelmaker (currently unlisted), recently bought 5% of Handan Steel and analysts say the minor stake is a prelude to a controlling interest in the company.
		Baosteel had bought a combined 138.2 million shares in the company, Handan announced Thursday.
		Li said it is very likely that Baosteel wants to acquire Handan Steel because the mill's shares are understated and there are too many share holders, which gives Baosteel a good opportunity to step in before foreign investors.
	www.resourceinvestor.com /pebble.asp?relid=20318 (503 words)

	CBS News \| Baosteel, Magang Announce Strategic Tie-Up
		Reports in the state media showed photos of Shanghai-based Baosteel's chairwoman, Xie Qihua, shaking hands with a top manager from Magang after the deal was signed Wednesday.
		Shanghai Baosteel Group Corp., also known as Baosteel, is China's biggest steel producer, reporting output of 21.4 million tons in 2004.
		Amid intensifying competition both inside China and in world markets, the government has drawn up plans calling for major steel makers to join together into larger, streamlined industrial groups thought to be better able to compete internationally.
	www.cbsnews.com /stories/2006/01/19/ap/business/mainD8F7JDH00.shtml (428 words)

	Hitachi Metals and Baosteel to Establish Joint Venture for China Roll Business JCN Newswires - Find Articles
		This is reflected, for example, in its position as a world pioneer in the development of high-speed compound rolls* and other roll technologies.
		With the state-of-the-art steel production facilities of Baoshan Iron and Steel Co., Ltd. and other group companies under its umbrella, Baosteel boasts China's largest steel production capacity, and is China's preeminent corporate group in the manufacture of high-grade sheet steel and other superior products.
		In order to meet the expected significant growth in demand for high-quality, high-performance rolls, Hitachi Metals and Baosteel have reached an agreement to establish the joint venture company "Bao Steel Hitachi Rolls (Nantong) Ltd." for the manufacture and sale of cast rolls in China.
	www.findarticles.com /p/articles/mi_m0RRT/is_2006_April_18/ai_n16125970 (499 words)

	www.mineweb.net \| fast_news Rio supplies more ore to Baosteel (Site not responding. Last check: 2007-11-04)
		Rio Tinto, the London-listed mining group, has signed an iron ore supply contract with Shanghai Baosteel Group, a large Chinese steelmaker, which will last ten years.
		The deal will commence in 2006 and is in addition to the already existent 20 year, 200 million ton contract between the two companies, and the Robe River supply contracts.
		This agreement follows Monday’s opening of the Eastern Range mine in Australia, which is owned by both Rio Tinto (54%) and Baosteel (46%).
	www.mineweb.net /fast_news/317522.htm (135 words)

	Hamerlsey formalises Baosteel iron ore JV
		Hamerlsey formalises Baosteel iron ore JV Hamersley Iron (RioTinto 100%) has signed an agreement with China’s Shanghai Baosteel Group Corporation to form an unincorporated iron ore joint venture operation in Western Australia.
		The arrangement includes the development of a new mine, 10km east of Hamersley’s established Paraburdoo mine in the Pilbara region of Western Australia, with an initial capital outlay of $124m.
		No part of this material may be reproduced, translated, transmitted, framed or stored in a retrieval system for public or private use without the written permission of the publisher.
	www.ferret.com.au /articles/fc/0c00e7fc.asp (186 words)

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