Shanxi Coal International Energy Group Co., Ltd, a listed arm of Shanxi Coal Import and Export Group, signed mid- and long-term cooperation agreements with five enterprises on September 6, said its parent company on its website.
The five firms that have built partnership with the company were China Huadian Corporation, Shandong Iron and Steel Corporation and Anyang Iron and Steel Corporation – three large state-owned end users, and Shanxi Lubao Coking Group and Shandong Weijiao Holdings Group – two large private companies.
Shanxi Coal International Energy Group didn't disclose details on contract volumes and price. These customers cover three major downstream sectors of coal industry, including power, steel and coke.
(Writing by Tammy Yang Editing by Jessie Jia)
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