SHANGHAI, Nov.16 (SMM)－Tangshan Xinhai Steel is going to invest $200 million in Algeria to produce ferrous metals and refractory material. Dinzhou Eastern Casting Company is going to invest $20 million in Mexico to produce and sell gray iron, ductile cast iron, cast steel and nonferrous alloy. These projects will drive “Coming out” of equipment manufacturing industry of Hebei Province, forming new growth points of international cooperation of advantageous capacity of Hebei Province.

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