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China Railway Materials And Shandong Iron & Steel Group Signed A Strategic Cooperation Agreement by big tree
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China Railway Materials And Shandong Iron & Steel Group Signed A Strategic Cooperation Agreement by BIG TREE
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| Article Posted: 10/12/2010 |
| Article Views: 21 |
| Articles Written: 1033 - MORE ARTICLES FROM THIS AUTHOR |
| Word Count: 443 |
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China Railway Materials And Shandong Iron & Steel Group Signed A Strategic Cooperation Agreement |
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Business,Business News,Business Opportunities
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China Railway Materials Corporation and Shandong Iron & Steel Group Co., Ltd. 25, signed a strategic cooperation agreement in Beijing, the two sides will be sold in the steel market as well as iron ore, coal supplies to carry out comprehensive cooperation in such areas.
Under the agreement, China Railway Materials and Shandong Iron and Steel integrated services in the railway industry, steel trading and processing of steel, extended service, iron and steel industry, the upstream resources development, and actively seek opportunities for cooperation, and mutual visits by leaders through the establishment of a system, contact system , the communication system in cooperation mechanism and conduct strategic cooperation, build to create a win-win value chain and business alliances.
In addition, the steel extension processing, integrated logistics services, financial leasing, as well as around the core business of the other aspects of the railway will also be areas of future cooperation between the two sides.
Yu-Fang Song, general manager of China Railway Materials, said in recent years, rapid development of China's railways, the current and future period, China's railway development is still a rare golden opportunity. By the end of miles of new lines under construction, 3.3 million km, the scale of investment in projects under construction 2.1 trillion yuan; in 2010, the railway fixed assets investment is expected to more than 8,000 billion, of which infrastructure investment 7,000 million; expected the next three years The new line of production will be 2.6 million kilometers. Iron and steel railway construction is inseparable from the material basis, but also for iron and steel products provide a broad market space. China Railway Materials and Shandong Iron and Steel's cooperation is based on the economic background.
It is understood that iron materials and Shandong Jinan Iron and Steel Group's steel and Laiwu Iron and Steel cooperative relationship for many years has established a stable strategic direct supply channels. Shandong Steel Group as the integration of operations and the advancement of business integration, the two sides signed a strategic cooperation agreement to further enhance existing cooperation.
China Railway Materials is a comprehensive service for the railway industry, the core focus on large-scale iron and steel trade enterprise group in 2009, achieved revenues of 105.1 billion yuan, sales of 15.88 million tons of steel. Shandong Iron and Steel Group Co., Ltd. is a large state-owned iron and steel enterprises with annual output of steel more than 31.6 million tons in size. I am an expert from China Manufacturers, usually analyzes all kind of industries situation, such as induction cooking , home yogurt maker.
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