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Angang signed pelletizing distribution agreements with its brother companies


Anshan Iron and Steel announced ore purchase and agency entered into a service agreement with a subsidiary of the parent companies Angang Group International Trade, and entered into a pelletizing distribution agreement with the parent companies Anshan Iron and Steel Group Corporation.

According to ore purchase and agency services agreement,Angang will purchase magnetite from Angang Group International Trade as a raw material in order to meet production needs, and according to the distribution agreement,Anshan Iron and Steel Group Company will purchase pelletizing for resale and distribution of pellets from Angang.

                                                                                                                                              XINSTEEL    INFORMATION