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China’s two steel giants signed cooperation agreement

iconNov 7, 2019 10:44
Source:SMM
The signing ceremony was held in Shanghai on Nov 6

SHANGHAI, Nov 7 (SMM) – China’s two state-owned steelmaking giants, Baowu Steel Group and Shougang Group signed strategic cooperation agreement in Shanghai on Wednesday November 6.

The Shanghai-based Baowu is the largest steel producer in China and the second-largest in the world, while the Beijing-based Shougang is the fourth-largest steel company in China.

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