have a read of the article below. It mentions international ore...

have a read of the article below. It mentions international ore suppliers, i wonder which company that could be?

NewsThursday, 12 Feb 2009
Hebei Steel Group earns USD 0.665 billion foreign exchange
It is reported that Hebei Steel Group since regrouping in last August, it had exported 604,700 tonnes steel products from August to December 2008 with a total value of USD 0.665 billion.

The group took measures timely to cut cost amid the wavy international market. Hence, it had reduced a fund application of USD 0.44 billion and a purchase cost of CNY 15 million. Further more, it saved an annual cost of CNY 0.13 billion through reducing logistics freight.

After the integration, Hebei Steel Group had formed stable international clients and kept export risk away effectively. Its next target is to set up strategic alliances with foreign iron ore supplier, shipping companies, equipment manufactories, steel products end users and the domestic key ports. At the same time, it will cut purchase cost at most as well as broadening its sales channel.