TOKYO -- China Baowu Steel Group became the world's largest steelmaker by volume in 2020, making it the first company to overtake ArcelorMittal in 19 years and the first Chinese player to climb to ...

Baowu Steel has committed to carbon neutrality by 2050, ten years earlier than the Chinese government’s national target. This is the first net-zero target from China’s steel sector, which ...

Rio Tinto has signed a memorandum of understanding (MoU) with China Baowu, the world's biggest steelmaker by volume, to develop projects aimed at enabling lower grade ore to be used in low-carbon ...

China Baowu, the world’s biggest steelmaker, and Rio Tinto, the world’s largest iron ore producer, have signed a Memorandum of Understanding (MoU) to ...