China Metallurgical News reported that Bengang, one of China top steelmakers is reported to have signed export supply agreement with South Korea Union Steel recently.

According to the agreement, Bengang will ship out 240,000 tonnes HRC to the latter during January to December in 2010 which indicates Bengang is becoming the largest steel supplier for Union Steel right now.

As per report, in order to strengthen the cooperation, both sides decide to hold techniques inter communication for each quarter and join hands on other fields in the future.

(Sourced from China Metallurgical News)