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PrintXinjiang Daily reported that Shougang Group and its subsidiary Shougang Co Ltd have signed a cooperation framework agreement with Xinjiang government Sun to carry out broad cooperation in railway, coal and steel sectors etc.
As per the agreement, the two steelmakers will pour nearly CNY 100 million in Xinjiang Uygur Autonomous Region to build Linhe-Hami railway, consolidating steel sector in Yili, developing and constructing coal base in Hami and joining in urban construction and real estate development in Urumchi etc.
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