Chinese state-owned metals and mining corporation China Minmetals Corporation (China Minmetals) has inked a strategic agreement with Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group Co.(Hebei Steel), as announced by China Minmetals.
Accordingly, both parties will jointly develop cooperation in overall steel industry chain management, which is expected to take cooperation between the two sides to a new level.
In particular, China Minmetals and Hebei Steel will establish a strategic partnership in resource supply, steel trade, e-commerce, logistics, financial innovation and overseas marketing, which will contribute to sustainable development for both sides.