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14 Mar
04:51

China's Longmen to build steel plant in Bangladesh

China’s Longmen Iron & Steel Group and the Shaanxi Hancheng city government signed an agreement on 10 March to build a steel plant in Bangladesh with domestic company Mango Telecom. The three parties will establish a joint venture to run the project, according to the semi-official belt-and-road website CICMT, Kallanish notes. Longmen is a subsidiary of Shaanxi Iron & Steel Group with iron ore mining, sintering, power generation, steelmaking and rol…
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