The country injects capital to support the development of the local steel industry

On February 16, London time, the UK Department of Business and Trade announced a plan to inject 2.5 billion pounds (about 3.155 billion US dollars) to support the development of the local steel industry, encourage domestic infrastructure projects to give priority to the use of domestic steel, and promote the green transformation of steel production enterprises to cope with the challenges brought by US steel and aluminum tariffs.

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Qianben Steel (Hebei) Co., Ltd. is located in the core base of China's iron and steel industry--Tangshan City, Hebei Province, which is a modernized iron and steel industry integrating steel production, processing and trading.

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