Resistance to the basic rule of Anshan Iron and Steel to set up factories in the United States is expected to start in September.

<P> Stalemate month later, for "Anshan Iron and Steel to set up factories in the United States," disputes arising from the Anshan Iron and Steel Group, the exclusive high-rise office was informed, through the coordination and communications, investment in construction projects is no longer too much resistance, the work is advancing the process, .If everything goes smoothly is expected to start in September. .</ P> <P> "Many organizations are devoted to the United States calls made, I hope to help us on this project and government departments to communicate and coordinate," the senior said that this was originally a normal business practice, so do not think .resistance will affect the project. .</ P> <P> for the U.S. Treasury Department recently released "of the Overseas Investment Commission will seriously fulfill its obligations to protect national security, but also committed to maintaining an open investment environment," the response, it seems these people, suggesting that .U.S. Treasury Department has not adopted the allegations of Mr unreasonable, not to initiate an investigation. ."We got the news that the Government rejected this request." The source said. .</ P> <P> May of this year, Anshan Iron and Steel Group Corporation and U.S. Steel signed a package of development cooperation agreement, U.S. Steel Development Corporation plans to build a steel production is investing 175 million dollars project, which opened Anshan Overseas .investment in construction of the curtain. .Under the plan, Anshan Iron and Steel in the proportion of total investment in less than 20%. .Shortly thereafter, the steel industry, U.S. Congress members, 50 members of the group in early July sent a letter to Treasury Secretary Timothy Geithner, asked the U.S. Committee to investigate foreign Anshan Iron and Steel in the development of its joint venture with U.S. investment company, is likely to prejudice the United States .national security, this request by the American Iron and Steel Association. .</ P> <P> "I am very difficult to understand, the U.S. is a mature market economy, why is the political and economic will confuse?" The spokesman told reporters that the reason why we choose to participate in this steel building .project, mainly due to the introduction of the Obama economic stimulus policies, the local steel production of steel has been unable to meet local needs (policy does not permit the use of imported steel), so, taking into account local conditions and market demand, construction .Steel is a very good choice, and building steel mills of local tax revenue and employment will also have a positive impact. .</ P> <P> frankly these people, in this project, Angang is just a small shareholder, did not participate in the management, and the United States raised 50 "endangering national security" and "technical disclosure" simply irrelevant. .We are building an ordinary steel plant, the steel production technology, Anshan Iron and Steel 20 years ago to have the world's most advanced technology, Anshan Iron and steel have been present in six out of seven years, so there is no technical problem but also about .not on the "theft of technology." .</ P> <P> industry analysts pointed out that if the expected, the project could start in September, which means the first time Chinese enterprises invest in steel companies in the United States to succeed, but also for China's steel enterprises to explore overseas markets offer new .template. .On the other hand, the current process of China's steel industry is still the main blast furnace, U.S. Steel EAF development process in terms of technology and equipment level is high, and the Anshan Iron and steel mills through cooperation and learn from the short process and the development of electric technology .innovation. .</ P> <P> for the subsequent development of Angang executives also said that the future may encounter similar things, the company has fully prepared and will deal with them. .It is understood that the U.S. Congress "to promote the steel industry alliance between the two parties," not "let go", local time on July 29 sent a letter to the White House again, on the Anshan Iron and Steel Group plans to invest U.S. Steel Development Corporation may be new to the American Iron and Steel Plant and the state seat belt jobs .to express concern about the impact. .</ P>.