Sinosteel to supply Yingkou with iron ore
Hong Kong based Sinosteel and
China's Minmetals Yingkou Medium
Plate Company signed earlier this week a strategic cooperation agreement for
iron ore supplies.
According to the agreement, Sinosteel will supply the
iron ore required for the entire
production of Minmetals Yingkou Medium
Plate, which has an annual
production capacity of 1.5 million metric tons.
In related news, Sinosteel also signed
iron ore supply agreements with Chuanwei Group and Xingtai Steel earlier in the month.