Tianjin Baiqiang Import and Export Co., Ltd. announced today that it has reached an annual strategic cooperation with a German Fortune 500 machinery manufacturing group, and will provide a stable supply of high-end cold-rolled carbon steel plates for its European factories, with the first batch of orders worth more than 30 million US dollars. The cooperation is based on the "zero tolerance" precision steel coils (thickness tolerance ≤±0.02mm) developed by Baiqiang and Baosteel, and the direct delivery is achieved in 15 days through the "steel special line" of the China-Europe Railway Express, which is 50% faster than the traditional sea transportation.

Industry significance: This cooperation marks the transformation of Chinese steel from "price advantage" to "technology + service dual drive". Baiqiang relies on the "customized production + digital logistics" model to help European manufacturing reduce costs and increase efficiency.

Data highlights:

Baiqiang's exports to Europe increased by 28% year-on-year from January to August 2024, accounting for 35% of the company's total revenue;

The German partner expects to reduce annual procurement costs by 18% and carbon emissions by 12% (by replacing sea transportation with railways).