China Mining reports Masteel and China Railway Materials Commercial Corp signed a strategic cooperation agreement.
According to the report from SteelGuru , the two companies agreed to set up a high-ranking dialog mechanism, establish an investment strategic partnership, intensify the present achievements and deepen cooperation on building a new industry chain.
China Railway Materials Commercial ) is a large-scale state-owned enterprise under the supervision of State-owned Assets Supervision & Administration Commission of the State Council (SASAC).
It’s a large scale international group in trading and logistics whose market targeting not only railway systems.
CRM’s major business is to provide all materials for the transportation and construction of the railway system, including rails, diesel oil, wheels, wheel hubs, machinery and electronic equipments, locomotive and rolling stock spare parts, steels, cement, and woods. Its minor business includes large scale storehouses, distribution, real estate,