05
Aug
01:00
Hegang could invest in FMG infrastructure
China’s Hebei Iron and Steel Group (Hegang) and Tewoo Group are reportedly interested in investing in the infrastructure assets of Australian miner FMG. The move would be the latest sign of FMG’s ability to call on Chinese steelmakers to support its position, Kallanish notes.
FMG said in June that it was “… receptive” to foreign investors after reports emerged that Baosteel and CITIC could be interested in a stake in the steelm…
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Anonymous
Very good overview of the weekly steel market.
Anonymous