On the latest Fortune 500 rankings worldwide released by Fortune China.com on July 22, Shougang Group ranked 402th with business income of $31,103.8 million, up 29 places from 2018. This is the eighth time that Shougang Group has secured itself a place on the list since its first entry in 2011.

2018 is a year when Shougang made remarkable achievements in deeper reform and transformative development. The Party Committee of the Group has led the leaders and workers to give full scope to the spirit of the Central Committee and the requirements of Beijing's work, promote the spirit of reform and innovation, strengthen the strategic leadership, and promote the "three changes", which has brought about profound shifts in the company’s outlook. The reform stimulates vitality, the steel operation continues to improve, the park development has achieved remarkable results, the industry cultivation has made progress, the combination of production and finance has continued to develop, the basic management has been continuously strengthened, the main operating indicators have created the best level since the relocation adjustment, and the quality of company development and operating efficiency have steadily improved.

Fortune's Top 500 list is based on business indicators such as the company's revenue in the previous year. Having always been the most famous and authoritative list to measure large companies in the world, it is known as the "ultimate list" and the most authoritative evaluation in the world business field. It is published annually by Fortune magazine. In 2019, 129 Chinese enterprises were listed in the Fortune 500 rankings, surpassing that of the United States (121) for the first time in record. Even if Taiwan's enterprises are not counted, the number of Chinese mainland enterprises (including Hong Kong enterprises) is 119, which is comparable to that of the United States - a historic change.