12
Oct
07:25
Fangda Steel takes control of Dagang's reorganisation
Fangda Steel Group's listed company Fangda Special Steel announced on 11 October that its parent company will be responsible for reorganising the Dagang Group. It will also inject Dagang assets into the listed company following completion of the reorganisation.
Fangda Steel is approaching 20 million tonnes/year of steel capacity after having acquired Dagang, Kallanish notes. According to the Fangda Steel official website, the group has 16…
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Anonymous
Very good overview of the weekly steel market.
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