Hebei Iron and Steel has spent hundreds of millions of dollars on acquiring mines in Africa, Canada and the United States since Wang Yifang took charge in 2008. Photo: Reuters

Hebei Iron may face closer watch

Steelmaker's foreign deals could be under greater scrutiny amid the sudden removal of its chairman over corruption allegations

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Hebei Iron and Steel has spent hundreds of millions of dollars on acquiring mines in Africa, Canada and the United States since Wang Yifang took charge in 2008. Photo: Reuters
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