On March 19, Japanese steel giant JFE Shoji Trade Corporation signed a cooperation agreement with Chinese steel sheet producer Yantai Donghai Sheet Co. in Yantai City, Shangdong Province.
JFE Shoji Trade Corporation is one of the world's top 500 enterprises. The cooperation between the two companies is expected to enhance the competitiveness of Yantai Donghai Sheet Co., thereby contributing to the expansion of the local steel industry and to boosting economic development in Yantai.