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PrintIt is reported that Baosteel Co Ltd signed steel supply agreement with China National Aviation Fuel Logistics Corp days ago and would supply over 90000 tons of steel products including stainless steel, HR sheet, medium plate and ship plate to the latter in 3 years.
CNAF Logistics Corp is the sole subsidiary of SNAF Group one of the large state-owned enterprises directly under State owned Assets Supervision and Administration Commission and takes charge of its parent company’s logistics assets and businesses and construction projects in fuel storage & transportation.
In future three years, CNAF will set up 4 to 5 super large oil storage bases in Pinghu, Tianjin, Chongqin, Zhanjiang etc and build over 10 oil tankers. And Baosteel will supply all the steel products needed in the CNAF’s projects to its customer according to the agreement.
Sourced from MySteel.net
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