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Anshan Selects UEC Technologies LLC for Order Fulfillment System

PRNewswire
PITTSBURGH
10.24.2002

UEC Technologies LLC (UEC), a subsidiary of United States Steel Corporation announced today that Anshan Iron and Steel Group Corporation, one of China's largest state-owned steel producers, has selected the UEC Order Fulfillment System (UEC OFS), a metals industry specific solution, to increase the efficiency of Anshan's order management process.

With increasing pressure from the global economy on Chinese steel making facilities, Anshan desires to obtain a competitive advantage by improving business systems and operational efficiencies, and reducing costs. After an extensive evaluation process, Anshan selected UEC OFS to automate its order- to-cash process on a real-time basis. By adopting more efficient order management processes, Anshan expects to reduce inventory and improve customer service. Anshan views UEC OFS as the baseline for a total Enterprise Resource Planning (ERP) strategy.

"We choose UEC based on its reputation in the steel industry and the Chinese market and its extensive knowledge of implementing order fulfillment systems in steel facilities," stated President Liu of Anshan. "We are confident that the UEC OFS will meet and exceed our expectations."

UEC will work with Anshan in collaboration with the Information Center of Metallurgical Industry in China for the installation of UEC OFS. In addition, UEC intends to continue working with Anshan and such ministry and technology organizations to provide information technology solutions and technical services to assist Chinese steel making companies.

"UEC is excited about the opportunity to supply the UEC OFS to Anshan and help make the Anshan steel making facilities more competitive," said Christopher J. Navetta, President UEC Technologies.

"We have worked with companies in the Chinese market and feel that there is great opportunity to assist Chinese steel producers in improving operations, customer service, and planning."

About UEC Technologies LLC

UEC Technologies LLC is a subsidiary of United States Steel Corporation. UEC Technologies consists of three separate business units (UEC IT, UEC Labs, and UEC Tech Services) and a wholly owned subsidiary (Met-Chem Canada, Inc.). UEC Technologies has locations and representatives in North American, Asia, Latin America, Europe, and the Middle East. UEC Technologies LLC began operating in 1969 and serves the needs of the manufacturing and process industries with state-of-the-art technologies and proven knowledge. For more information visit www.uec.com or call 800-842-8877.

UEC IT, the information technology unit of UEC Technologies, is a proven software provider for the steel and related industries. The system solutions are based on UEC IT's expertise in steel manufacturing and processing as well as development and integration of systems in the metals environment. The UEC IT product line includes a powerful order fulfillment system (UEC OFS), supply chain management, ecommerce, business process consulting, and offshore development. For more information call 1-800-842-8877, e-mail uecit@uss.com, or visit www.uecit.com.

About Anshan Iron and Steel Group Corporation

Anshan Corporation (here in after referred to as AISC or Angang) is a super large state-owned enterprise situated in the city of Anshan, Liaoning Province. The predecessor of AISC was started in 1916. The Anshan Iron and Steel Company was established in 1948. By the end of 2001, AISC had 33 direct subordinate units, 30 mainly owned and wholly owned subsidiary companies, 6 large iron ore mines, 4 iron ore dressing plants, 1 iron making plant, 3 steel making plants, and 13 steel rolling plants. AISC is manned with 130,960 active workers and staff members directly engaged in iron and steel production. Angang is capable of turning out each year 10 million tons of pig iron, 10 million tons of steel and 10 million tons of rolled steel products. At present, AISC is able to produce more than 25,000 sizes of products falling into 700 varieties for metallurgical, oil, chemical, and national defense industries.

After 1995, AISC set up the Angang New Steel Co., Ltd (ANSC for short). ANSC stock is listed at the stock markets in Shenzhen as well as in Hong Kong, and set up the Angang New Iron and Steel Liability-Limited Company. After a large-scale technical reconstruction, open-hearth furnaces have been completely replaced by BOF converters with ladle refining, and the molded casting by the continuous. Furthermore, AISC has built up three worldwide first-rate production lines, i.e. the 1780mm HSM, the 1700mm HSM and the pickling-tandem-combined rolling line, that takes its technology and equipment in the main sector to world advanced levels. All AISC factories in the main production sector have gained the accreditation ISO-14000. For more information, please visit www.ansteel.com.cn.

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SOURCE: UEC Technologies LLC

CONTACT: Melissa M. Sassano, Marketing Specialist, UEC Technologies,
+1-412-433-3906, or mmsassano@uss.com

Web site: http://www.ussteel.com/

Web site: http://www.ansteel.com.cn/

Web site: http://www.uec.com/

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