Shandong Iron and Steel establishes a new steel sales company.

According to the Qi Cha Cha APP, recently, Jinan Shangang Steel Sales Co., Ltd. was established with Sun Zhengxiao as the legal representative and a registered capital of 20 million yuan. Its business scope includes the sales of metal materials, metal ores, metal products, and construction materials. The equity penetration data on Qi Cha Cha shows that the company is fully owned by Shandong Iron and Steel.