Recently, we at LXS Metals decided to focus on developing the ferro silicon market in Malaysia. Through market research and participation in exhibitions held in Malaysia, we engaged in face-to-face communication with potential customers. After continuous efforts, we successfully acquired several Malaysian clients, selling 75 grade ferro silicon to local steelmaking and foundry companies.
In the contract negotiations with our Malaysian clients, we took into full account the market situation and costs, establishing competitive pricing while clearly defining the delivery timelines and opting for a letter of credit payment method to reduce transaction risks. Regarding product quality standards, we strictly adhered to international standards during production and provided detailed quality inspection certificates. We found a reliable freight forwarder to assist us with transportation and customs clearance. We packaged the goods according to international shipping standards and insured them to prevent damage during transit. After careful preparation, our 75 grade ferro silicon successfully arrived in Malaysia.
Through this export experience, we deeply felt the charm and challenges of the international market. Thorough market research, reasonable contract terms, effective logistics arrangements, and good after-sales service are key to successful exports. We will continue to monitor market dynamics in Malaysia, constantly optimizing our export strategies to provide customers with high-quality products and services.