Hunan Province-based Chinese steelmaker Lianyuan Steel, subsidiary of Hunan Valin Steel Group, recently inked a strategic cooperation agreement with China's Sinosteel Coporation, aimed at developing a steady and long-term cooperative relationship.
General manager of Lianyuan Steel, Zheng Boping, stated that both companies have maintained a harmonious cooperation relationship in the iron ore and mechanical processing fields over a long period.
Sinosteel chairman Jia Baojun also expressed optimism for the future development of Lianyuan Steel as well as for further cooperation between the two sides.