05
Apr
01:00
Hanggang, Yuanli could form Zhejiang Iron and Steel: analysts
Hangzhou Iron and Steel (Hanggang), which took over Ningbo Iron and Steel in December, could merge with Yuanli Group to form Zhejiang Iron and Steel, Chinese analysts suggest.
Citing informal discussions on social media between Yuanli chairman Ye Xinhua and Hanggang president Li Shizhong, MySteel analysts note that the two companies have similarities, especially for their long products, which could make a merger advantageous. Such a merger would leave the gr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous