Hebei Steel Group inks framework agreement with Jizhong Energy Group

Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group Co. (Hebei Steel Group) has announced that it has inked a strategic framework agreement with state-owned coal company Jizhong Energy Group Company Limited (Jizhong Energy Group). Accordingly, the two sides will establish a cooperative relationship in the overall industrial chain by setting up a mutual communication mechanism, a cooperation coordination mechanism and an information sharing mechanism to achieve mutual benefit and common progress.