Shanghai Baosteel Resources Co., Ltd. is a wholly owned subsidiary and one of the six business segments of Baosteel Group. In December 2012, Baosteel Resources settled in the Shanghai Port International Cruise Terminal Building 1, one of the landmark buildings in the north Bund.

The new office building of Baosteel Resources has eight floors in a total area of 21,406 square meters, boasting the most favorable riverside location. The interior space was designed by an Australian holding company iaction.The company focuses on interior design of commercial spaces and works with Matsu to provide overall office space design to Deutsche Bank and the Consulate General of Germany in Shanghai. This time, the designer intends to create a simple, bright and yet solemn and elegant office space. In order to highlight the majestic air of Baosteel as a leading industrial brand, iaction uses multiple large French windows to combine the advantaged exterior view with interior space to make it appear more spacious. The use of large wooden partitions and dark wood finishes lends to more decency of the entire space.