Baoshan Iron & Steel Co., Ltd. (600019) announced on August 12th via its investor interaction platform that it is doubling down on its "high-end" strategic direction to replace imported steel products. The company is aligning its premium product development roadmap with the needs of key domestic industries, including nuclear power, high-speed rail, marine engineering, and new energy vehicles, with a particular emphasis on ultra-high-strength steel and grain-oriented silicon steel.
In terms of concrete achievements, several of the company's high-end product lines have successfully displaced foreign imports and achieved domestic or global leadership. For example, its automotive steel sheets have progressed from mere import substitution to completely replacing imported high-end galvanized products, maintaining a stable domestic market share. The manufacturing technology for grain-oriented silicon steel has received a special award from the Metallurgical Science and Technology Award committee, confirming its world-leading status. The company's silicon steel production capacity is now the largest globally, and it continues to supply critical materials for major national projects.
Looking at 2025, the company realized nine global product launches, achieved 42 landmark technological breakthroughs, and saw sales volume of its "2+2+N" high-end product portfolio increase by 11.7% year-on-year, further strengthening its domestic substitution capabilities. Looking ahead, Baoshan Iron & Steel Co., Ltd. will continue to drive product structure upgrades through technological innovation, providing support for the self-sufficiency of critical materials.
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