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Taigang Stainless Steel to ink deal with Taigang Group for raw material supply-Metal Exhibition-Steel Exhibiti
on-2026 China (Guangzhou) International Metal & Metallurgy Industry Exhibition
12/4/2025 金属展-冶金展-钢铁展-steel expo-metal & metallurgy expo |
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Shanxi Province-based Chinese steelmaker Taigang Stainless Steel Co., Ltd (Taigang Stainless Steel) hasannounced that it has approved a Framework Agreement for the Supply of Raw and Auxiliary Materials, whichwil be signed with its controlling shareholder Taigang Group. Accordingly, its controlling shareholder TaigangGroup will supply the raw materials and auxiliary materials, including iron ore fines and pellets, etc., to Taigang
Stainless Steel.Taigang Stainless Steel estimates that the framework agreement will give rise to transactions worthapproximately RMB 9.2 bilion ($1.3 bilion) in 2026, which will exceed five percent of the company''s mostrecently audited net assets.
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