This will be Anshan's first mill located in the US. The deal is subject to approval by the China's Ministry of Commerce.
Anshan Iron and Steel Group builds steel mill in southern US
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.
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