Taiyuan Iron & Steel (Group) Co., Ltd. (referred to as "Taiyuan Steel Group") is a holding subsidiary of China Baowu Iron and Steel Group Co., Ltd. and a platform company for the integrated operation of the stainless steel industry.

Taiyuan Iron and Steel Group was founded in 1934. Its predecessor was the Northwest Steelworks affiliated to Northwest Industrial Company established during the Republic of China. At the beginning of the founding of New China, it was positioned by the state to develop special steel. It successively produced China's first furnace of stainless steel, the first hot-rolled silicon steel sheet, the first piece of electromagnetic pure iron, and also China's first stainless steel refining furnace, the first The birthplace of stainless steel vertical slab continuous casting machine, the first cold-rolled stainless steel production line, the first cold-rolled wide-band stainless steel bright annealing line, and the first mixed annealing and pickling line for stainless steel cold and hot coils. In 1998, Shanxi Taigang Stainless Steel Co., Ltd. ( referred to as "Taigang Stainless") was initiated to establish an A-share listed company, in 2006, the main iron and steel business was listed as a whole. On December 23, 2020, the joint reorganization with China Baowu was realized, and the controlling shareholder was changed to China Baowu; on January 1, 2021, the management of Baosteel Desheng Stainless Steel Co., Ltd. and Ningbo Baoxin Stainless Steel Co., Ltd. under China Baowu was entrusted.
Taisteel Group has been focusing on the development of special steel mainly made of stainless steel for a long time. It has established a national key laboratory for advanced stainless steel materials, a national physical and chemical laboratory, a Shanxi Stainless Steel Engineering Technology Research Center, and a Shanxi Provincial Railway Vehicle Steel Engineering Technology Research Center. The platform has more than 800 stainless steel-based core and proprietary technologies with independent intellectual property rights, presided over or participated in the completion of more than 70% of my country's stainless steel plate and strip product standards. At present, a high-efficiency, energy-saving and long-life steel product cluster has been formed, mainly including stainless steel, cold-rolled silicon steel, and high-strength and tough series steel products. Stainless steel products cover a full range of strip-type line pipes, ultra-wide, ultra-thick, and ultra-thin limit specifications, high-precision tip steel, hand-sheared steel, steel for nuclear power, steel for railways, duplex stainless steel, high-grade silicon steel for new energy vehicles, etc. The products are well-known at home and abroad. At the same time, actively develop mineral resources, new materials, international trade, engineering technology, medical health, financial investment and other related diversified businesses. It has a new material product cluster represented by high-performance carbon fiber and nickel-based alloys, and Asia's largest modern metallurgical open-air The mine and the first-class tertiary general hospital in Shanxi Province.

Facing the future, Taisteel Group will adhere to the guidance of Xi Jinping's socialist ideology with Chinese characteristics in the new era, resolutely implement the spirit of General Secretary Xi Jinping's inspection and investigation of China Baowu's important speeches and instructions, and take "becoming the leader of the global stainless steel industry" as the vision, With the mission of "supporting advanced manufacturing and creating a better life", we will speed up the construction of TISCO into a demonstration enterprise of China Baowu and the most competitive enterprise in the whole stainless steel industry chain in the world, and create a world-class great enterprise for China Baowu. Enterprises, contribute to TISCO's efforts to promote high-quality development in an all-round way in Shanxi!