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Anshan Iron and Steel Group builds steel mill in southern US


Tags: rebar , longs , USA , China , Far East , North America , Angang , construction | similar articles »

Chinese steelmaker Anshan Iron and Steel Group (also known as Angang) Monday announced firm plans to invest in a rebar facility located in Amory, Mississippi.  Anshan, China's second-largest steel producer, is slated to gain a $175 million stake in the facility; which is still under construction.

This will be Anshan's first mill located in the US.  The deal is subject to approval by the China's Ministry of Commerce.


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