The Jingye Steel market has recovered

Published Time:

2023-07-25

Hebei Jingye Steel Group's headquarters has five 150-ton converters. In June 2023, two years later, after careful calculation by the staff of the company's domestic marketing center, the prices of self-produced products and purchased magnesia were adjusted in a timely manner. A bid was won at a price of 2.27 yuan per ton of steel, adding another 150-ton converter for an old customer in the domestic market. After winning the bid on June 4th, an urgent notice was received from the leadership of Jingye Steel's steelmaking plant. Due to the converter's overhaul and severe erosion of the converter's condition, the converter needs to be shut down for lining replacement, requiring Ludong Company to urgently produce.

Jingye Steel Market Recovery

Five 150-ton converters at the headquarters of Hebei Jingye Steel Group were restarted in June 2023, two years after their shutdown. After careful calculation by the company's domestic marketing center team, the prices of self-produced products and purchased magnesia were adjusted in a timely manner, resulting in a successful bid at 2.27 yuan per ton of steel. This added another 150-ton converter for an old domestic market customer. After winning the bid on June 4th, an urgent notice was received from the Jingye Steel smelting plant leadership. Due to converter maintenance at the Jingye steel plant and severe corrosion of the converter, the furnace needed to be shut down for relining, requiring urgent production from Ludong Company. After receiving the notice, the domestic marketing center promptly reported to General Manager Fang and coordinated with the production center, adjusting multiple equipment to begin production on June 8th. Jingye Steel also sent Director Sun from the metallurgical workshop to Ludong to track the production progress. With the cooperation of multiple departments, production and shipment proceeded concurrently, with all production completed and transported to the Jingye steel plant's metallurgical workshop by June 19th. On June 20th, Minister Li Ping from the company's operation and maintenance department personally led a team of more than 40 people to the Jingye converter workshop for construction work. Despite the hot weather, after four days of hard work, the converter was successfully completed and delivered to the steelmaking plant, and steel production began. This contract, firstly, resulted in a price 0.52 yuan per ton of steel higher than the previous converter. Secondly, it demonstrated the high coordination and unity of Ludong employees in achieving a common goal. Thirdly, the dedication and hard work of the operation and maintenance department employees in completing the construction work on time and to standard, despite the hot weather, earned the recognition of the steel plant leaders. The resumption of business with the old Jingye Steel Group converter customer signifies Ludong's renewed charge into the domestic market. Through careful calculation and positive energy, Ludong has made its due contribution to the market share for domestic steel customers.