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09 Sep
01:00

Chinese steelmakers eye gains from Russias energy sector

China’s Xiangtan Iron and Steel (Xianggang), part of Hunan Valin Steel says it has won approval for its high-end plate to be used in Russia’s Yamal liquefied natural gas (LNG) project. It becomes the latest Chinese company to benefit from the $27 billion LNG project in Russia’s arctic north. The project is being developed by Russia’s second largest gas producer Novatek, alongside France’s Total and the China National Petroleum C…
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