Zhang Xiaogang: Angang investment in US steel mills to sign tomorrow

September 14--Midday news from Anshan Iron and steel group general manager Zhang Xiaogang, in the gap between the 2010 Summer Davos forum and Sina Finance exclusive dialogue revealed that Angang subsidiary investment in the United States to sign a contract tomorrow. Angang has reached a joint plan with the US Steel development company earlier this year, with the plan to invest 175 million of dollars in new projects, less than 20% per cent.　　But 50 U.S. lawmakers last month asked for an investigation, saying it feared the investment would affect U.S. employment and national security. Angang said at the end of last month that Angang's target of investing in the US market had not changed. Angang will work with us partners to advance the project.　　Zhang Xiaogang said in an exclusive dialogue with Sina finance today that the two sides will sign up tomorrow. In addition, the current nationwide high energy-consuming enterprises are working to reduce emissions, many steel mills were cut off, Zhang Xiaogang said to Sina Finance, Angang no production plan. (Ding from Tianjin)