Three Chinese mills have been named to the 2009 Fortune 500 List released on July 8, 2009. Baosteel Group Co Ltd advanced by 39 places from last year and jumped to 220th place with operating revenues of $35.52 billion in 2008, followed by Hebei Iron and Steel Group at 375th with operating revenues of $24.43 billion yuan and Jiangsu Shagang, a non-government run steelmaker, at 444th with operating revenues of $20.90 billion. It is also the fifth time for Baosteel to get this glory since 2005. A total of 43 Chinese enterprises are included in this year’s Fortune 500 List.