Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Co. (Ansteel) has announced that it signed an agreement on a strategic cooperative partnership with Changsha, Hunan-headquartered multinational heavy machinery manufacturer Sany Group. Accordingly, both sides will cooperate on machinery and equipment supply, steel product purchases, and in technology development.
Sany Group is among the leading heavy equipment manufacturers in the world, while it has overseas manufacturing facilities in Brazil, Germany, India and in the US. The company has around 70,000 employees worldwide.