Vice President Dong Zhixiong and Vice President Wang Zhenwu Leading a Delegation Taking Part in the New Tangshan Iron & Steel

Invited by Tangshan Iron & Steel Group Co., Ltd., assigned by Sinosteel president Huang Tianwen, vice president Dong Zhixiong and vice president Wang Zhenwu led a delegation from Sinosteel Trading, Sinosteel Raw Materials, Sinosteel Iron & Steel, Sinosteel Equiment and Sinosteel Shipping to take part in the new Tangshan Iron & Steel Group Co., Ltd. establishing ceremony, which is combined with the former Tangshan Steel, Xuanhua Steel and Chengde Steel. President Huang has sent a congratulation letter beforehand. After the combination, Tangshan Steel Group will raise its competence and influence in steel industry with production of 16 million tons of steel, 14.6 million tons of iron and 14.8 million tons of steel products. Sinosteel has kept long-term friendly relationship with the former Tangshan Steel, Xuanhua Steel and Chengde Steel. Especially having signed long-term strategic cooperation agreement with Tangshan Steel in 2004, the cooperation between the two parties has reached a new height. On the occasion of the establishment of new Tangshan Steel, Sinosteel will continue to follow the operating philosophy of “Cooperation, Friendship, Win-win and Development”, provide comprehensive auxiliary service and consolidate and expand the cooperation in resources development, trade & logistics, engineering technology and metallurgical equipment to co-build a bright future.