China’s two steel giants signed cooperation agreement

Published: Nov 7, 2019 10:44
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.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
China’s two steel giants signed cooperation agreement - Shanghai Metals Market (SMM)