On February 4, Hebei Province-based Chinese steel producer Hebei Iron and Steel Group announced that it has won a tender to supply construction steel to Wudonghe Hydroelectric Power Station at Jinsha River, a project of the Chinese state-owned power company China Three Gorges Corporation, which will play an important role in the transmission of electricity from western China to the countrya€?s eastern region. Hebei Steel Group submitted the tender jointly with Hubei Province-based Wuhan Xinxin Materials Corporation, while most of the steel in question, expected to amount to 200,000 mt, will actually be supplied by Hebei Steel Groupa€?s subsidiary Handan Steel.
In the meantime, Hebei-based Wuyang Iron and Steel, another subsidiary of Hebei Steel Group, has won a tender to supply 28,526 mt of steel plates used in offshore oil drilling platforms to Chinese state-owned oil company China National Offshore Oil Corporation (CNOOC)