17
Dec
10:22
Anyang Steel purchases JV shares from Vale
Henan Anyang Steel Group will purchase the outstanding shares of its holding joint-venture with global miner Vale, Anyang Yuhe Yongtong Pelletizing Company, according to its listed company announcement.
After the completion of this transaction, Anyang's shareholding in Yuhe Yongtong Pelletizing Company will increase from 75% to 100%, Kallanish notes. The transaction price is CNY 90 million ($14.12m). Market participants believe that A…
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Anonymous
Very good overview of the weekly steel market.
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