Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Corporation (Ansteel) has announced that on March 19 it inked a strategic cooperation agreement with
China Railway
Construction Corporation, according to which the two companies will initiate cooperation in overseas business, while they will also continue their cooperation in finished steel development and application, and in engineering and real estate projects.
According to the agreement, the two sides will each use their marketing networks in overseas markets to look for joint opportunities in engineering projects abroad.