The 5th China International Import Expo (CIIE) was held in Shanghai from November 5 to November 10. For the first time, Sinosteel participated in the International Procurement Signing Ceremony and International Forum on the Construction of Low Carbon Metallurgy Modern Industry Chain with the theme of " Open and Win-Win Cooperation for a Green Future" as a member of Baowu Trade Mission.
At the signing ceremony, the relevant affiliated enterprises of China Steel Group's international trade sector and three suppliers from France, UAE and Thailand signed the bulk commodity procurement agreements for 2023 for manganese ores, ferrochrome and rubber respectively, with the contracted amount of 350 million US dollars. The procurement and use of these important raw materials will be a contribution of Sinosteel to the further construction and perfection of Baowu's globalized industrial chain and supply chain system.
Sinosteel Group has participated in the CIIE for five consecutive years. Over the past five years, Sinosteel Group has always carried out the decision and deployment of the CPC Central Committee on high-quality development and high-level opening to the outside world, continuously deepened international cooperation, actively expanded cooperation with global famous resource enterprises, and been committed to the construction of the supply chain of characteristic resource industry chain, and the cumulative amount of the contracts concluded at the CIIE has reached 1.57 billion US dollars. This year, Sinosteel Group actively implements the spirit of the 20th CPC National Congress and strengthens the action of "making efforts to enhance the toughness and safety level of the industrial chain". Sinosteel International Trade enhances overall planning and coordination, effectively overcomes the influence of the epidemic, and takes the lead in organizing its affiliated enterprises to participate in the CIIE, showing its determination to promote high-quality development through persistent international cooperation.
Those who share the same will not be separated by the mountains and seas. Sinosteel Group will continue to improve the level of international operation, further enhance the allocation capacity of characteristic resources such as alloy and ore, continuously integrate into the supply chain system of Baowu's globalized industry chain, closely combine the development of import business with the major strategy of serving the country's new round of high-level opening to the outside world and improving the quality and level of international circulation, share new opportunities for development with partners, promote common growth and achieve win-win cooperation.
The persons in charge of Sinosteel International Trade, Sinosteel Deyuan and Sinosteel Investment participated in the above activities.