Yantai Baosteel's 2020 Interim Results Continue to Lead the Chinese Iron and Steel Industry
Recently, Baosteel released its 2020 interim report. In the first half of the year, Baosteel achieved the goal in both anti-epidemic and stable production with a total profit of 5.81 billion Yuan, keeping the first place in China's steel industry. Its performance in the second quarter has rebounded steadily, which is well recognized by the outside world. Based on Forbes' latest Top 2000 global listed companies in 2020, the company's ranking in the steel industry has risen from the second to the first place.