Baotou Iron and Steel (Group) Company, Limited was reorganized in June l998 from Baotou Iron and Steel Company (established in l954). It is a large production base of iron and steel and the largest scientific research and production base of rare earth in China. Baogang iron and steel industry is formed by two systems, four processes of slab, pipe, rail and wire, and is capable of producing 5 million tons of steel billet and products. Baogang can produce 55 varieties and 1112 specifications of steel products such as slab, heavy rail, seamless pipe.