Wednesday, September 1, 2010

Hebei to Make It a Steel Giant Province

Hebei Province unveiled a list of the province's top 100 enterprises in 2010 including 33 steel mills. Hebei Iron and Steel came to the No.1 with revenues of 177.09 billion yuan. The local government hopes to set up three to four large steel groups through mergers and acquisitions.
By 2015, the top five steelmakers will produce 75 percent of steel across the province, up from 48 percent now.

Source: Chinaisa.org.cn

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