On July 23, Shanxi Coking Coal Group，the Chinese state-owned miner and domestic steelmaker Taiyuan Iron and Steel Group (TISCO) signed a long-term strategic cooperation framework agreement at the headquarters of Shanxi Coking Coal Group, as reported by local Chinese media sources.
With the long-term strategic cooperation framework agreement, the two enterprises are expected to complement each other's advantages and achieve a win-win situation for both sides.
Shanxi Coking Coal Group is China's largest coking coal producer, while TISCO is the country's largest stainless steel producing company.