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Benxi |
Also found in: Encyclopedia, Wikipedia, Hutchinson | 0.07 sec. |
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Anshan Iron & Steel Group, the second largest steel producer in China, has announced plans to merge with Benxi Iron & Steel Group. government agency, had made low-interest loans to Benxi Iron and Steel Company of China for the purchase of modern American technology for their plants. There was, for example, the case of a Chinese steel mill, the Benxi Iron and Steel Group, that received an $18 million Export-Import backed loan in December 2000 to buy American-made equipment only to be found a year later to be dumping steel into American markets. |
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