Fives and Baotou Steel signed a 10-year contract for technical cooperation
Fives and Inner Mongolia Baotou Steel Union Co., the largest north-western China-based iron and steel manufacturing company, signed a 10-year contract for technical support for the development and the production of a wide range of high value-added automotive steels, including the latest advanced high-strength steels.
Fives will provide high-end technological and process expertise covering from upstream to downstream production processes: steel making, hot rolling, pickling, cold rolling, annealing and galvanizing. The cooperation agreement includes extensive training, high-level technical support, development and certification of new high-end automotive steel products, all supported by quality expert systems AbSIS™ and Eyeron™ developed by Fives KEODS.
Previously, Fives has already signed contracts with Baotou Steel for two automotive hot dip galvanizing lines and Stein Digiflex® vertical furnaces for two continuous annealing lines, all equipped with the most advanced process equipment, such as the high efficiency AdvanTek® combustion system and the top performing Flash Cooling® technology.
These contracts together cover the Fives’ offer to be a solution provider and an enterprising partner of Baotou Steel for their ambitious expansion program in the high-end automotive market.