14
Jul
15:43
Baowu plans to acquire Shangang
The listed company of Shandong Iron & Steel Group issued a public document on 14 July stating that China Baowu Group intends to carry out a strategic reorganization of the group. Currently, Baowu is discussing this matter with the State-owned Assets Supervision and Administration Commission of Shandong Province, Kallanish notes.
According to data from the World Iron & Steel Association, Shandong Steel Group produced 31.11 million tonnes of crude …
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Anonymous
Very good overview of the weekly steel market.
Anonymous