28
Oct
16:17
China's Jingye has eyeballed British Steel
The name of China’s Jingye Iron and Steel has recently arisen in market chatter circulating around the sale of UK long products specialist British Steel to Turkey’s Ataer Holdings. Whist not a traditional ‘stalking horse’, the Chinese steelmaker has been widely referenced as a possible buyer.
Although any move by Jingye to become involved in the acquisition have so far remained unofficial, a source from the Chinese steelmaker tells Kallan…
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Anonymous
Very good overview of the weekly steel market.
Anonymous