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24 Nov
09:44

China's HBIS signs scrap processing project with TMS

Major Chinese steel producer Hebei Iron & Steel (HBIS) and the USA's TMS Group signed a cooperation contract online on Tuesday for a steel scrap processing centre project, Kallanish learns. The two companies will cooperate in the development of scrap recycling and efficient utilisation, aiming to optimise China's scrap recycling industry chain. According to the agreement, HBIS and TMS will establish a joint venture company, relying on HBIS…
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