Major Chinese steel producer Hebei Iron and Steel Group has announced that in January this year its subsidiary Handan Iron and Steel Group (Hansteel) inked contracts for the export of a total of 60,000 mt of cold rolled products to customers in foreign markets including the US, Brazil, South Korea and Italy.
As of February 10, Hansteel had already completed 70 percent of shipments of the cold rolled steel products in question, which include 30,000 mt of cold rolled sheet and 30,000 mt of spangle-free hot-dip
galvanized steel sheet.