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[Ferro-Alloys.com]

  Hesteel Resources said on the interactive platform that the infrastructure of South Africa is no better than that of China, and the total amount of iron ore sold to China is limited by the low local railway capacity. In 2013, hesteel Group acquired part of the equity of PMC, and in 2017, hesteel resources acquired 80% of the equity of PMC. It has always been committed to the increase of iron ore sales, gradually increasing from the initial more than 2 million tons to the current 8 million tons. On this basis, it is expected that it will continue to increase to about 12 million tons in 2021.

• [Editor:Catherine Ren]