Recently, the delegation of Russian Severstal Group visited to Baosteel to have an exchange in terms of equipment management, maintenance management and management on inventory of repairing material. The both parties expressed that they would like to promote development of the two companies by enhancing networking and exchange with each other and learning their own complementary advantages; in turn, it can make a great contribution to the development of the iron and steel industry.

Russian Severstal Group was founded in 1955, with nearly 60 years history; As a gobally integrated industrial group, Severstal  specializes in iron-making and steel-making , iron ore and coal mining, pipeline manufacturing and other fields over the world, it is ranked as No.1 iron-making and steel-making company in Russia. The   involved business had been expended to every corners in the world, that is, Asia, Europe, North America, South America, Africa, its best-selling products are popular with the users in the domestic and overseas markets. Currently, Severstal becomes a famous brand for many customers in more than 80 countries around the world.

During the meeting with Baosteel, the Severstal's delegates said that although Severstal has a history of nearly 60 years, they also were  confronting with excessive overcapacity in their steel industry, the demands in the market remained a swinging downtrend. In recent years, Severstal is eager to promote the development of their company by keeping innovative learning and putting forward the on-going reform. The both sides are complementary with each other, therefore, they hoped to establish a long-term exchange mechanism to promote the mutual benefit and grown together. While Baosteel said that Severstal has a long history, there are something worthy of learning for Baosteel Group.

In recent years, Baosteel's equipment management system has been kept optimizing operation process of equipment and putting more emphasis on lean management; in addition, they strive for some friutful results in terms of research and application and make some breakthroughs in order to improve the core competitiveness of equipment management system. As a reuslt, the strong supports can be given to the company's production and business. At present, Baosteel is dedicated to management innovation and technological breakthrough in the equipment management system, building a stable, high-efficient and long-lasting safeguard and security system for the company's equipment. Therefore, this exchange activity certainly promote Baosteel's progress in aspects of management on running, maintenance and repairing of equipment. Moreover, the two groups are expected to achieve win-win outcomes by strengthening exchanges between the two sides and learning from each other.

During the three-day trip, the delegation from Russian Severstal Group were invited to visit the Baosteel's Plant Area and attend an exchange session on business, also on the itinerary were visit to the Hot Rolling Mill Plant of Baosteel Co., Ltd; Machinery Factory and Electrical Equipment Repairing Factory of Baosteel Techonolgy.




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