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29 Aug
10:10

Northern Chinese steelmakers cooperate on inventory management

China’s Batou Iron & Steel, Anshan Iron & Steel, Tangshan Iron & Steel, Lingyuan Iron & Steel and Benxi Iron & Steel Group (Bengang) have agreed to cooperate on inventory management. The deal was ratified on 25 August, according to a Bengang Group announcement. The cooperation agreement mainly aims at cutting warehouse management and purchasing costs, Kallanish notes. Bengang says the agreement between the five steel companies includes …
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