Sinosteel - remember the name

In the course of a day’s pointless web-meandering, I came across this wiki entry for Sinosteel

From that entry:

This paragraph is generally amusing (dozens of years in development… since 1993?), but the bit I bolded at the end, troubles me a little. They’re not even pretending any more! They’re going to run the globe! Should we take comfort in the idea that they’ll at least do it efficiently?

this entry also shook my confidence in Wiki’s self-correcting editing wikiness. I’ve seen some pretty obvious corporate entries but this just reeks.

Sounds like a nasal weapon. Like you can shoot ball bearings out of your nose.

ETA: Oh, I thought that was Sinusteel. Nevermind.

Wonder if they’re somehow associated with, or competing with, these guys?