Chinese steelmaker Hebei Iron & Steel Group Co. Ltd has signed a strategic cooperation agreement for the supply of spare parts and after-sales customer services with SMS Siemag, previously SMS Demag, a subsidiary of German-based SMS Group.
Based on the excellent and long-standing cooperation between Hebei Iron & Steel Group's subsidiaries and SMS Siemag, the present cooperation agreement is designed to optimize the Chinese producer's production reliability in the world markets.