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Sinosteel:Extraordinary Moves in Industry Chess



  A mong the Fortune 500 firms, more and more images from China emerge out. On the 2008 list, Sinosteel Corporation, a landmark group of China industries quietly squeezes into the candidate line. As the largest steel service & trade enterprise, its sales reached at RMB 111.24 billion, witha year-on-year increase of 83.03 percent, and the profit grew by 180.03 percent. Onthe Sinosteel 2008 Work Meeting, the president Huang Tianwen uttered, “In thecoming year, we will work for US$20 billion sales, and look forward to getting aposition in Fortune 500 firms for ourselves.”

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