On May 20th, 2020, Ouyeel, the e-commerce company of Baowu Group, and SteelHome signed a strategic investment agreement in Shanghai. Around 50 representatives from more than ten enterprises including China Baowu, Shaanxi Iron and Steel Group, Nanjing Steel, Youfa Steel Pipe, China Railway Materials, etc, attended this signing ceremony.

After the signing ceremony, both parties will speed up the process related to strategic investment. In the future, SteelHome will continue to uphold the company position of third-party industry information. On this basis, SteelHome will also accelerate its integration into the high-quality steel ecosystem to provide Ouyeel and its partner companies with high-level and high-quality information services. At the same time, SteelHome will strengthen the digital, intelligent, and ecological transformation of traditional information services and accelerate the optimization and R &D of Price Index.

SteelHome would like to thank the clients around the world for trust and support, and we will continue to be dedicated to providing the timely and systematic data on Chinese steel industry, working as a bridge between China and the world.

About Ouyeel

Ouyeel was founded in February 2015 when the Chinese iron and steel producer, China Baowu Steel Group, sought to disrupt its traditional business model through the construction of a steel transaction e-commerce platform. The Ouyeel platform mainly provides services like steel trading, logistics, supply-chain financing, technical exchange, big data analysis, and consultation.

About SteelHome

SteelHome website, invested and launched by Shanghai SteelHome E-Commerce Co.,Ltd in 2004, is an authoritative, leading and independent website in Chinese steel market, providing information, consultancy, data, industry events and e-commerce to global steel companies, raw material suppliers, traders, logistics companies, steel users, government departments, industry associations, financial & research institutes, etc.