On August 15, Anshan Iron and Steel Company and Taiyuan Heavy Machinery Group Co., Ltd. signed strategic cooperation frame agreement. The two parties will follow the principle of benefit from mutual advantages, mutual support, reciprocity and mutual benefit, cooperation and win-win and common development to carry out strategic cooperation.

According to the agreement, the two parties will develop strategic cooperative partnership in mine, metallurgical equipment and steel products and financial trade, encourage their branch companies to carry out close exchange and cooperation, enhance mutual trust, strengthen the cooperation in a wider field and continuously solidify and enrich their strategic cooperative partnership.