Anhui Province-based Chinese steelmaker Maanshan Iron and Steel Group (Masteel) has inked supply contracts with several local white goods manufacturers and automobile producers for a total tonnage of 800,000 mt of steel products, within the scope of a conference organized by the Anhui provincial government.
The automotive, white goods and steel sectors are the main three pillar industries of Anhui Province. The supply contracts are expected to boost Masteel's market share in the province.