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Hebei Steel Group inks strategic agreement with Baosteel Group

Monday, 06 July 2015 14:18:32 (GMT+3)   |   Shanghai
       
Yu Yong, president of Chinese steel producer Hebei Iron and Steel Group, has inked a strategic cooperation agreement together with Chen Derong, general manager of Chinese steelmaker Baosteel Group.

Accordingly, the two steel producers will cooperate in areas involving e-commerce platforms, logistics and finance. In particular, both parties will discuss the prospects for close cooperation between their respective e-commerce platforms, namely, Baosteel’s Ouyeel and Hebei Iron and Steel Trading Center.