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China Steel Aims For Australian Iron Ore
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In a recent interview, Taiwan’s China Steel Corp’s President Sung Jyh-yuh, declared that the company is aiming to buy more overseas iron ore and coal resources in 2012. The company is also looking to purchase steelmakers from China, Japan and South Korea. Sung told that the company has acknowledged acquisition targets in Australia, Brazil and Africa.
In a recent interview, Taiwan’s China Steel Corp’s President Sung Jyh-yuh, declared that the company is aiming to buy more overseas iron ore and coal resources in 2012. The company is also looking to purchase steelmakers from China, Japan and South Korea. Sung told that the company has acknowledged acquisition targets in Australia, Brazil and Africa.
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