Baotou Iron And Steel Co., Ltd. Achieved 100% Direct Purchase Of Bituminous Coal And Thermal Coal

Since this year, Baotou Iron and Steel Group has continued to strengthen marketing management and optimize supply chain management. The marketing center of Baotou Iron and Steel Co., Ltd. has used bituminous coal and thermal coal as a breakthrough point to increase the proportion of direct purchase and reduce procurement risks. Up to now, the marketing center has signed direct purchase (trial purchase) contracts with more than 10 bituminous coal and thermal coal mines, achieving 100% direct purchase and supply of bituminous coal and thermal coal. By the end of July, Baotou Steel Co., Ltd. had reduced coal resource procurement costs by more than 10 million yuan.