Baosteel International "Bsteel Online" actively innovates in E-transaction service mode, and remarkable results have been achieved since the on-line bidding solution for Baosteel's renewable resources was promoted one year ago. Up to now, 439,000t of various scrapped and degraded material were transacted successfully with a turnover of RMB1,344 million yuan by means of on-line bidding, which plays an important role in realizing the maximization of the value of scrapped and degraded material and boosting the circular economy.
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