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Wuhan Iron and Steel Co Ltd to Set up Joint Venture with India-based Company

Monday, 8 Apr 2013 08:00pm EDT 

Wuhan Iron and Steel Co Ltd announced that it will set up a joint venture with an India-based energy company, and also invest in an India-based silicon steel processing and delivery center, to provide production, promotion and sales services for steel and steel processed products, as well as after-sales services. The Company and the India-based company will hold a 50% stake in the joint venture respectively. The joint venture is capitalized at USD 19.6 million. 

Company Quote

-0.01 -0.45%
21 Aug 2014