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Recently, Baosteel signed the steel purchasing strategic cooperation frame agreement with western electric company in Xi'an. According to the agreement, both parties will develop the strategic cooperation in supply, equipment purchasing, transformation upgrading, and management promotion by strengthening business cooperation. They will realize the increase in income and reduction in expenditure for ensuring a healthy and stable development to the customers, as well as market.
The attendants of the signing ceremony includes: Baosteel Co.,Ltd president, Ma Guoqiang, western electric company president, Zhang Yalin, western electric company secretary of the party committee, Chen Yuankui, etc and the relevant head of the unit from both parties.
As the state council SASAC directly supervised the center enterprise, the western electric company's center business is high, ultrahigh and extra-high voltage AC and DC PTD equipment manufacture, research and development, and detection. Being a leader of PTD equipment manufacture industry in domestic, western electric company has the world high-end high voltage and high capacity power transformer research and development and manufacture capacity, undertaking multiterm of nation generating electricity and power transmission key project as a major contribution for our national industry development.
After 10 years of research and development, Baosteel has got the stable production capacity of annual 200000 tons of orientation silicon steel, accumulating over 400000 tons of market supply. Among them, over 200 transformers for manufacturing more than 500 kilovolt, they got the capacity of high voltage high capacity transformer for orientation silicon steel supplying in batch. Since 2009, Baosteel engaged in the development and application of high-end orientation silicon sheet with western electric company, driving the cooperation with aluminum-zinc plate, etc. after both technology department certification, Baosteel supplied each product performance index is completely in conformity with the technical specification in western electric application.
Before the signing ceremony, delegation led by Ma Guoqiang had a panel discussion with Zhang Yalin. Both parties agreed to initiate the win-win new situation by strategic cooperation.
On the signing ceremony, as Chen Yuankui expressed, the signing will be beneficial for both parties in realizing powerful combination, common development goal in order to open a new stage for both enterprise development. As Ma Guoqiang indicated, Baosteel will supply the good performance products and standard careful service in pushing both parties strategic cooperation into a more profound direction.
| Product Model | Inside Diameter | Outside Diameter | Thickness |
| GE5E IKO | 5 | 14 | 6 |
| GE50GS-2RS IKO | 50 | 90 | 56 |