China Railway Materials Commercial Corporation (CRM) will buy 750,000 tons of rail this year from Panzhihua Steel, up from 500,000 tons in 2008, according to a strategic partnership agreement reached recently between the two companies. This agreement came after the two parties’ last December cooperation, in which CRM Chengdu Branch agreed to take a stake in Panzhihua Steel Group Meishan Cold Formed Sections for 7.2 million yuan.