The Shanghai Refined Steel Base relies on the Baoshan Steel Co., Ltd, and is a refined steel base in China with the most modernization, biggest capacity and most complete kinds and specifications. Its core zone is located the Baoshan District, east to the exit of the Huangpu River and north to the Yangtze River. During the tenth Five-Year plan period, the Shanghai Refined Steel Base main constructs the Baosteel ordinary carbon steel manufacture base, Yigang stainless steel manufacture base, Wugang special steel manufacture base, Luojing steel deep processing base etc. four integrated refined steel bases to critically develop steel for automobiles, petroleum pipes and shipbuilding plates, stainless steel, electric steel and highefficient constructive steel.

　　For recent years the Baosteel Group representing the Shanghai Refined Steel Base, has been experiencing the great adjustment of industry layout, concentrating the large scale manufacture including smelting, heated rolling and stretching processing into Baoshan area, shaping three specialized manufacture centers and formulating a northern refined steel base. The first is carbon steel plate and pipe refined product manufacture center with the Baosteel zone as a foundation; the second is stainless steel refined product manufacture center with the Yigang and peripheral zones a foundation; the third is special steel refined product manufacture center with the Wugang current zones as a foundation. The Baoshan Luojing will be built into an extensive processing base.

　　In July 2004, Baosteel Group has been evaluated as the 372nd place of the world top 500 enterprises by the "Fortune" magazine, as one of the first lot of enterprises that enter the world top 500 enterprises in the Chinese competitive industries and manufacture industries.

　  To insist on refined product development strategy is critically to control the total quantity and optimize structure and integrate production. Comprehensive competition of the main business of steel will be the first three places in the same industry and become world-level refined steel base.