Posted on 23 Sep 2015
China's Hebei Iron and Steel Group is planning to build a 5-million tonne per year steel plant in South Africa in 2017, an official said on Wednesday.
"We are now choosing a location," Zhang Hai, vice president at Hebei Iron and Steel, told an industry conference.
Zhang said the company is also aiming to take over steel mills in eastern Europe, but added that talks are still at an early stage.
