11
Sep
08:06
Yongjin to purchase Tsingshan's stainless steel subsidiary
Zhejiang province's Yongjin Metal Technology says it has reached a purchase agreement for 100% shares of Tsingshan stainless steel subsidiary Tsingtuo SKS Company.
Tsingtuo SKS is 60% owned by Tsingshan subsidiary Tsingtuo Group, with the balance held by Shanghai Outokumpu Stainless Steel, Kallanish notes. It was previously located in Shanghai before it moved to Fujian in 2018. Tsingtuo SKS has a 550,000 tonnes/year stainless 430 2B/BA mill as well as&nbs…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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