Shagang, China Shipbuilding sign long-term heavy plate supply deal

Dec 10, 2007 | 08:22 AM |

Jiangsu Shagang Group, China's top privately owned steelmaker, and China Shipbuilding Industry Corp. (CSIC) have signed a long-term strategic cooperation agreement for the supply of heavy plate.

Under the terms of the agreement, Shagang will supply 100,000 to 120,000 tonnes of heavy plate to the state-owned shipbuilder beginning next year. The mill said it is the biggest order....

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