China-based Hainan Mining Co., a subsidiary of Shanghai-based vertically-integrated company Fosun Group, has signed a medium to long-term partnership agreement with Zhejiang Province-based Ningbo Iron and Steel Co. Ltd (Ningbo Steel).
According to the agreement, Hainan Mining will supply 300,000mt of iron ore to Ningbo Steel each year.
According to the agreement, Hainan Mining will supply 300,000mt of iron ore to Ningbo Steel each year.
