Shanghai-based Chinese steel producer Baosteel has inked an extension to its ferrotungsten sales agreement with Jiangxi Tungsten Industry Group which is based in Nanchang, Jiangxi.
In recent years, Baosteel has established a long-term and stable partnership with China Non-ferrous Metals Nanchang Supply and Sales Company, the parent company of Jiangxi Tungsten Industry Group. By signing a deal for the extension of their sales agreement, the two parties hope to ensure a solid foundation for the continuation of their mutually beneficial relationship.