Company Strategy: One Body, Two Wings
Driven by research, our commodity spot trading (“One Body”) provides a solid base for the synergetic development of our supply chain services and extension of the industrial value chain (“Two Wings”).
“One Body”: Spot Trading
Multi-product, multi-mode, and multi-network
Multi-product, multi-mode, and multi-network development has established a new pattern of diversified trade with a focus on expanding into multiple industries, utilizing multiple trading modes, and establishing multiple sales networks. We make the connections that bring new possibilities for our customers and partners.
After more than 20 years of development, CIEC Group has established a new pattern of diversified trade with a focus on "multi-product, multi-mode, and multi-network" by solidifying channels and expanding globally. Throughout the journey, we have always been rooted in the steel trade, making it more refined and specialized, as we also looked to enlarge our sizable commodity trading business. Building on the growth of our main business, we have expanded into non-ferrous industries and promoted the extension of the industrial chain and diversified development. We have also increased our value-added services in the supply chain, such as joint sales, basis trading, and construction project delivery with a combination of spot and forward contracts. We actively develop various business models and fully leverage our advantages in multiple products, upstream and downstream, in the commodity industry chain.
We cover the entire industrial chain of multiple product varieties. For example,ferrous metals incorporate long products, flat products, profile products, pipe products, non-oriented steel,as well as steel furnace raw materials and ore. Covering multiple product varieties enables us to provide more comprehensive services to our customers and partners. In 2017, we replicated the ferrous metal business model to non-ferrous industries. Our product range includes energy, chemicals, agricultural products, industrial products non-ferrous metals, and more.
Our multi-mode configuration includes import, export, transit trade, domestic trade, and basis trading, and is organically integrated with each mode. This multi-mode configuration enables us to discover the rotational relationships between different sectors and provides customers with a more diverse range of value-added service scenarios.