Shandong Province-based Chinese steelmaker Shandong Iron and Steel Group Zibo Zhanggang Co., Ltd (Shandong Steel (Zhanggang)), a subsidiary of Shandong Iron and Steel Group Co.,Ltd, has inked a strategic agreement with state-owned China Gezhouba Group Co., Ltd (CGGC) regarding cooperation in supplying construction steel.
CGGC, founded in 1970, is a central state-owned enterprise. CGGC’s businesses cover design, construction, investment and operation in the fields of water conservation, hydropower, thermal power, nuclear power, wind power, power transmission, highways, railways, bridges, municipal works, airports, ports, waterways, industrial and civil buildings, as well as real estate and production of cement.