Shanxi coking Coal Group carrying Taiyuan Steel integrated industrial Resources

May 17, the reporter learned that Shanxi coking coal Group and Taiyuan Steel Group jointly set up Shanxi Joint Energy Development Co., Ltd. to promote the coal industry deep cooperation.　　It is reported that Shanxi Coal and steel Joint Energy Development Co., Ltd. by the coking Coal Group and Taiyuan Steel Group in accordance with 6:4 of the shares set up, registered capital of 500 million yuan, mainly engaged in coal industry investment, coal mining, psoriasis sales, and related areas of development. The head of Shanxi coking Coal Group said that the cooperation between the two companies would effectively integrate the resources of both major groups, technology, talent, City taste capital, management and other advantages, based on comprehensive development of coal resources, to steel, coke, chemical, electric power industry to extend and deepen, play "coal (coke, chemical)-steel-Electricity"　　Integrated advantages and benefits of integration. According to reports, Shanxi Coal and Steel Joint Energy Development Co., Ltd. will give priority to investment in coal industry, integration of coal resources, merger and reorganization of coal enterprises, the formation of production scale, to protect the supply of Taiyuan Steel Group, Shanxi coking Coal group will share with Taiyuan Iron and steel Group mining business benefits.