India targeted 
(Shanghai Daily)
Updated:
2007-03-29 09:46
Counter:
WUHAN Iron & Steel Group Corp, the parent of China's fifth-biggest steel maker, may expand in India as it considers building or acquiring overseas plants due to domestic constraints and as it seeks access to raw materials.
"We want to target emerging markets, such as Southeast Asia and India, where you have bigger growth potential," said He Kangyang, director of overseas business at the steel firm's international division in Guangzhou yesterday. India was particularly attractive because it also has iron ore, he said.
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