Baosteel was an amazing company to visit in China because the company had created its own Baosteel city surrounding Baosteel. The company employs more than 400 people in research and development alone, showing the company’s commitment to become #1 in the near future. The company provides six products, including steels used in automobile seats, wash machines, oil, ships, construction and others. A major takeaway from visiting Baosteel was the company’s strong approach to go into India because Baosteel sees great opportunity in India due to shorter logistic strategy. Baosteel has three harbors in its Baosteel city, and these harbors offer a great logistics advantage for Baosteel. The company is a state-owned company working to become #1 by year 2013. Currently, Baosteel is #2 in the world behind an Indian company.
-Kevin
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