Anshan Steel to set up steel processing centers in India and Brazil

Tuesday, 07 February 2012 17:43:03 (GMT+2)

Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group (Anshan Steel) has announced that it has signed an agreement of intent with South Korea-based LG International to invest in the establishment of steel processing centers in India and Brazil.

This latest moves follows Anshan Steel's acquisition of two steel processing centers in UK and Italy, and forms part of the company's overseas development program.

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