07
Jul
01:00
Baosteel, Hegang cooperate on e-commerce
China’s Hebei Iron and Steel (Hegang) and Baosteel have signed an agreement to study cooperation between their e-commerce arms. The move comes after the number of steel e-commerce platforms multiplied aggressively over the last two years and is set for a cleanout.
The companies say they will look at cooperating in the fields of online steel sales, logistics and financing. Both companies could see benefits from cooperation, but Hegang could have the mos…
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Anonymous
Very good overview of the weekly steel market.
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