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The Core Business of Lange Steel Network
1998, Lange Company took the lead in opening Lange Steel Network in the steel industry, providing steel market information, production and marketing information, market analysis and forecast, network technology and other services for steel industry enterprises. After more than ten years of development, Lange has become a well-known website in China, with eight channels and more than forty columns, covering several key industrial cities in China. In Beijing and other cities, Lange Steel quotation is widely used as the settlement guide price of timber units, and it is the largest steel industry website in northern China.
In 2005, Langer Group established the first steel information research center in China, which attracted and trained a large number of professionals in steel market analysis and research and led the steel information industry to specialization. The center regularly publishes monthly research reports, special research reports and other in-depth industry reports to provide customers with special services such as market research and consultation and enterprise decision-making. After years of in-depth research, the research center has made a major breakthrough, established a Lange steel price forecasting model system, and developed research products such as steel inventory index and iron ore index. The research results have become important industry information sources for central media such as CCTV, Beijing TV, Xinhua News Agency and China Economic Net, as well as many core financial media such as china securities journal and China Business News, and local mainstream media such as Beijing News and Beijing Daily. In the field of steel electronic trading, Lange Group is brave in innovative practice. In 2006, with the approval of the relevant state departments, the Group established a professional steel electronic trading market-Lange steel electronic trading market. Lange Steel Electronic Trading Market, as one of the subsidiaries of the Group, is a third-party market service provider with Lange Group as the main body and senior steel electronic trading professionals joining. The market integrates the functions of market management, risk control, trading, delivery, settlement and information service, with the extensive participation of banking, warehousing, logistics and other service organizations. The advanced e-commerce model has built a safe, reliable, fully functional and easy-to-operate online trading system for traders.
In 2009, Lange Steel's electronic trading market achieved a stable, healthy and rapid development, and its membership scale and market coverage were further expanded, and its trading scale, market liquidity and influence were further enhanced. The successful listing of billet varieties in the fourth quarter of 2009 marks the formation of long-term steel contracts in the upstream and downstream series of the market, and also makes Lange Steel Electronic Trading Market the most comprehensive market for steel products among domestic peers. In the field of spot trading services, Lange established the earliest large-scale comprehensive steel trading market in Beijing-Lange Baiziwan steel market. The market is located in the steel distribution center in Beijing, and there are many large steel warehouses around it. Advanced computer network system, self-help information inquiry system and large-screen information release system have been set up in the market, providing convenient trading, warehousing, logistics and other services for the majority of steel trade enterprises. With good reputation and service, Baiziwan steel market has become the first choice for many steel purchasing enterprises to purchase steel.
On this basis, Lange carried out a comprehensive revision and upgrade of Lange Sougang.com, the publishing platform of steel spot information resources, and put it into operation in 2007. As an early demonstration and exploration project of the spot trading platform, the new version of the port search function is more optimized, the interface is more friendly and the information is more abundant. After the launch, it will provide services such as issuing spot, supply and demand information, and enterprise promotion. For the majority of steel traders and enterprise members in upstream and downstream industries, and as a third party for trading cooperation between customers.
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