【SMM Steel】Hunan Iron & Steel launches new Australian subsidiary in Perth

Published: Mar 26, 2026 16:42
【SMM Steel】Hunan Iron & Steel opened a new subsidiary in Perth on Mar 17, 2026, marking a strategic shift from resource buying to deeper industrial engagement in Australia. Representatives from Rio Tinto, Fortescue, and nearly 30 major firms attended. The group has shipped over 100 Mt of iron ore to Fortescue over 17 years and recently signed a green iron project deal. The new unit will coordinate trade and equipment supply.

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