Baosteel ranks No 3 among world's steel makers

Baosteel, the country's largest steel mill, announced Wednesday it placed third on the "World's Top Steel Makers" list recently released by World Steel Dynamics, the world's leading steel information service, Xinhua reported today.

The list is reportedly based on company criteria such as manufacturing scale, assets, sales, management and technology. The top two steel giants are Russia's Severstal and South Korea's Pohang Iron.

Two other major steel mills from China - Angang Steel and Wuhan Iron & Steel Group - ranked No 19 and No 29 respectively.

(Source: China Daily)