18
Jul
10:38
Anhui encourages Magang to merge local steel mills
The Anhui Provincial Ministry of Industry and Information Technology (MIIT) mentioned in a public document that the local government is encouraging Ma'anshan Iron & Steel (Magang) Group to promote mergers, reorganizations, and production capacity integration in Anhui Province.
MIIT suggested that Magang should first integrate the local steel industry through asset reorganization and technology/brand cooperation, and promote cooperation between state-owned …
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Very good overview of the weekly steel market.
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