Baosteel Co., Ltd. and Wuhan Iron and Steel Co., Ltd.

Because steel is affected by raw materials and market demand, its output value and profit fluctuate greatly. However, Wuhan Iron and Steel and Baosteel are the leaders in steel. Under the background of my country's steel becoming stronger and bigger, the future development is still promising. .

Baosteel is based on the eastern coast, and Wuhan Iron and Steel is based on the central and western regions and the coastal areas of Guangxi.

Baosteel is the leader and is located in the coastal area. The transportation of iron ore raw materials is convenient. In comparison, Wuhan Iron and Steel is based on the east coast. There is no such advantage, but Wuhan Iron and Steel will reduce raw material costs after rebuilding the 10-million-ton project in Fangchenggang. Wuhan Iron and Steel Co., Ltd. has an advantage over Baosteel in terms of coke for steelmaking.

In terms of operation and management, Baosteel’s advanced management philosophy is better than that of Wuhan Iron and Steel

In terms of company burden, Baosteel’s burden is smaller. As an old state-owned enterprise, Wuhan Iron and Steel has hundreds of thousands of employees, and other vassals The organization is facing restructuring and the burden is heavy

In terms of products, Baosteel's products cover a wide range of products, while Wuhan Iron and Steel is relatively small. However, Wuhan Iron and Steel's high-end products are highly profitable, especially grain-oriented silicon steel, which is Wuhan Iron and Steel's key industry.

Generally speaking, Baosteel is the leader in seats and has a stronger overall advantage than Wuhan Iron and Steel, but their domestic statuses complement each other and each has its own focus. They are all relatively good steel companies