Baosteel Signs Strategic Cooperation Agreement with Getrag

According to Baosteel's official website, recently, Baosteel Special Steel Business Unit and GETRAG (Jiangxi) Transmission Co., Ltd. signed a strategic cooperation agreement, and both parties will work together to create the most competitive steel product supply chain for Auto Parts.

Getraq (Jiangxi) Co., Ltd. was established in 2006 with users all over the world. Ford, U.S. General Motors, and Dongfeng Motor are strategic partners. As early as the establishment of the company, the special steel business unit started cooperation with localization projects for automotive engine steel.

Steels for automotive parts are widely used in the fields of transmission and transmission systems, engine systems, suspensions and steering systems, and automotive standard parts of automobiles, and are praised as the “source of power” for automobiles, accounting for nearly 30 percent of the steel used in automobiles. %. In recent years, with the rapid development of China's automobile industry, the demand for steel for auto parts using special steel as the main material has increased significantly. However, due to the high requirements for safety performance, environmental adaptability, and fatigue resistance of automotive parts, extremely stringent requirements have also been put forward for steel parts manufacturing companies.

In recent years, Baosteel's Special Steel Business Unit has closely followed the trend of automotive safety, environmental protection, and lightweight development, and has continuously increased the research and development of high-end auto parts steels with high strength, high toughness, and high fatigue resistance, and has taken the lead in domestic development. New products for eco-friendly gear steels with nickel and molybdenum-reducing molybdenum, steel for crankshaft crankshafts for non-tempered automotive engines, steel for breaking and connecting rods, rack steel for steering gear, etc., have led the domestic steel manufacturing technology for automotive parts. development of. At the special signing ceremony, GETRAG thanked Baosteel for its help and support in the process of localization. In particular, it introduced the company’s status in China and the development plan for the next five years. The Special Steel Business Unit stated that it will continue to consolidate and expand the strategic cooperation relationship between the two sides, adhering to the concept of using the user as the core to create value for users, and playing the advantages of Baosteel’s steel product development and technology research and development for auto parts and components. Lac offers quality services to achieve mutual benefits.

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