15
Jun
10:50
Shagang details data centre acquisition plans
China’s Jiangsu Shagang Group has published more details through its listed company on its plan to purchase a 51% share of British data centre company Global Switch (GS), Kallanish notes. It intends to spend CNY 25.808 billion ($3.8 billion) on the acquisition and Shagang says it hopes its data centre business to be a second pillar of the group alongside the steel business.
Shagang has halted trading on the Shanghai Stock Exchange since Sept…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous