17
Jan
09:13
Anyang furthers 80% equity transfer
The State-owned Assets Supervision and Administration Commission of Henan Province and the Henan Machinery Equipment Investment Group have completed information pre-disclosure in the system of Henan Zhongyuan Property Rights Exchange Co. They plan to transfer an 80% stake in Anyang Steel Group (Angang).
This means that Angang's restructuring plan has been advanced and has entered the final stage in the planning process, Kallanish notes.
According to Anga…
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Very good overview of the weekly steel market.
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