The China Enterprise Confederation and China Entrepreneur Association have issued their list of China's top 500 enterprises for 2012. 58 steelmakers were named on the 2012 China top 500 enterprises list, compared to 55 on the 2011 list.
The aggregate operating revenue of the 58 steelmakers in question in 2011 totaled RMB 4.0175 trillion ($633.68 billion). Chinese steel giant Baosteel was the highest ranking steel producer on the 2012 China top 500 enterprises list, ranked 21st. The top 10 steelmakers on the list, ranked according to earnings in 2011, were Baosteel, Hebei Iron and Steel Group, Shougang, WISCO, Shagang, Angang, Xinxing Cathay International, TISCO, Shandong Steel and Tianjin Pipe. The first seven of these steel producers were also listed among the top 500 world enterprises.