12
Dec
09:51
Jingye targets NatSteel
China’s Jingye Steel is exploring an acquisition of Tata Steel’s Singapore-based NatSteel, Kallanish learns from a source close to the matter. The plant had been part of a deal with Hebei Iron and Steel (Hegang), but that deal fell through earlier this year.
Jingye has a team in Singapore discussing the acquisition and looking at the site, Kallanish understands. However, the negotiations have progressed only around 20-30% towards an actual …
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Anonymous
Very good overview of the weekly steel market.
Anonymous