According to Zhitong Finance App, Honglu Steel (002541.SZ) announced the “Steel Structure Material Price Lock Cooperation Agreement” signed between the company and Fujian Zhongmin Daqin Engineering Management Co., Ltd. (“Fujian Zhongmin Daqin”). The agreement stipulates that the processing volume of steel structures is 100,000 tons, and the total price of steel structural materials is tentative (tax included) of 375 million yuan (excluding processing fees).

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