Liaoning Province-based Chinese steelmaker Angang Steel Co. (Ansteel) has announced that it has inked a strategic agreement with state-owned China State Shipbuilding Corporation (CSSC).
Accordingly, the two companies will deepen their cooperation and establish a strategic partnership during the 13th Five-Year Plan period (2016-20) in the fields of lightweight steel and corrosion-resistant steel, while cooperating in developing domestic markets.