| Baowu Group Echeng Iron & Steel | 25.16 | - | - | |
| Magang (Group) Holding | 51.00 | - | - | |
| Baowu Group Environmental Resources Technology | 34.43 | - | - | |
| Baosteel Desheng Stainless Steel Co Ltd | 70.00 | - | - | |
| Xinyu Iron & Steel Corp Ltd | 51.00 | - | - | |
| Huabao Investment Co Ltd | 100.00 | - | - | |
| Xinjiang Bayi Steel Southern Xinjiang Steel Baicheng | 100.00 | - | - | |
| Wugang Group Co Ltd | 100.00 | - | - | |
| Taiyuan Iron & Steel (Group) Co Ltd | 51.00 | - | - | |
| Baosteel Group Guangdong Shaoguan Iron &STEEL Co Ltd | 51.00 | - | - | |
| Baosteel Special Metals | 100.00 | - | - | |
| Shanghai Baodi Real Estate Co Ltd | 100.00 | - | - | |
| Xinjiang Tianshan Iron and Steel United | 25.00 | - | - | |
| Baosteel Resources Co Ltd | 100.00 | - | - | |