Wuhan Steel Eyes Overseas Plant, Coal Resources

Industrial Metals

Reuters reported that Wuhan Iron and Steel (SHA:600005) is planning to build a steel plant overseas.

Reuters reported that Wuhan Iron and Steel (SHA:600005) is planning to build a steel plant overseas.

The market news is quoted as saying:

China, as the world’s top iron ore buyer, continues to have no say in setting global prices of the key steelmaking raw material.

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