18
Dec
00:00
Hanggang stops share trading ahead of announcement
Eastern China’s Hangzhou Iron and Steel (Hanggang) has called a halt to trading in its shares in the Shanghai Stock Exchange ahead of an announcement by Zhejiang provincial government, which ultimately owns the mill. The local government held a special meeting on 17 December to discuss Hanggang’s proposed relocation and its 34% shareholding in the majority Baosteel-owned Ningbo Iron and Steel, according to local media.
Hanggang has some 4 million…
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Anonymous
Very good overview of the weekly steel market.
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