Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel (Baogang) has signed a strategic cooperation agreement with China National Petroleum Corporation (CNPC) Bohai Petroleum Equipment Manufacturing Company Limited, as announced by Baotou Economic and Information Technology Commission. According to the agreement, both parties will enhance cooperation with each other with regard to pipeline steel, seamless steel pipes, wear-resistant steel, high-strength steel and steel sheet for automobile usage.