Set as homepage  |  Add to Favorites
News Center
AAC Machine
AAC Plant
Probiotic Machine
News Center
Ansteel may seal US deal Wednesday
Date: 2010/9/16 Click: 1658
Anshan Iron and Steel Group Corp (Ansteel) plans to strike an investment deal with a Mississippi steel mill in the US on Wednesday, the Oriental Morning Post reported, citing the company's general manager Zhang Xiaogang.

But Ansteel's public relations officer did not confirm that report.

Ansteel said in May that it was investing in a steel-rebar project with US start-up Steel Development Corp in Armory, Mississippi.

Ansteel planned to invest $175 million to build four steel mills, each with an annual capacity of 300,000 tons, and the Chinese steelmaker would take less than 20 percent of the project, according to the paper.

The US Congressional Steel Caucus in June had urged the Obama administration to oppose the proposed joint venture as it threatens "American jobs" and "national security."
Copyright © 2003-now Hopeland Chem-Tech Co., Ltd. All rights reserved.
Hopeland Chem-Tech Co., Ltd.
Add.: Rm. B-1708, Taaffeite International Commerce Plaza, 4th Gaoxin Road, Xi'an City, Shaanxi Province, China
Postal Code: 710075
Wechat , WhatsApp, Mobile: +86 13488269990
Tel: +86 13488269990
Email: /

Web Stats: