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corporate information

2020, 25th September

HBIS Group and Danieli sign strategic partnership agreement

Long-term plan for the development of new technologies

On Tuesday, September 22, 2020, Hebei Iron & Steel (HBIS), a global leader in steel production, and Danieli & C. S.p.A., a world-wide leader in the engineering and supply of equipment for the metals industry, signed a commercial and technological cooperation agreement that will enable both Companies to work on developing new technologies to produce steel in a more efficient manner.

The partnership will initially be focused on the new steelworks for HBIS’s Shijiazhuang Iron & Steel (Shigang).
The scope of the cooperation agreement encompasses the development of highly innovative technology, sustainable steel production, robotics, automation and artificial intelligence.

Danieli's goal is to make Shigang more globally competitive with a focus on high-end manufacturing quality, thanks to Danieli’s ideas, technology and management.

Among other things, Danieli will help HBIS create new types of steels to be used in renewable energy production for wind turbine components with better strength and performance, thanks to the Rotoforge technology.

The signing of this agreement is proof of the high degree of trust between these Companies and represents the first step towards establishing a long-term partnership.

The main aim of the cooperation agreement is the production of green steel by reducing GHG emissions by the gradual decarbonization of steel production in China.