Fürstenfeld. The mining and ore and alloy trading house DCM Decometal (1500 employees, 400 million € sales) is expanding its involvement in the China shop: Currently held negotiations that the state-owned Chinese steel company Sinosteel as a joint-venture partner in the Albanian and South African chrome production einsteigt of DCM. A Chinese delegation visited a few days ago Fürstenfeld.
Sinosteel has over 40,000 employees worldwide and has approximately 100 companies. With DCM Decometal is a long-term contract to purchase 60,000 tons of chrome ore Albanian, which will be raised and extended. The relationship at the chrome-sector should be extended to iron ore from Russia and Ukraine. Steel production in the first five months of this year in China showed an increase of 23.8 percent described, DCM-boss Rohtraut Skatsche-Depisch. "Over the next five years, China will produce 600-700 million tons of steel a year. It is expected that growth continued to increase annually by at least eight percent. Thus, China is the driving force on the steel sector."
