30
Nov
09:44
Shagang plans steelmaker integration in Anyang
Major eastern Chinese steelmaker Shagang has signed a contract for steel company integration in Anyang City, Henan province, with a planned investment of CNY 14.8 billion ($2.25 billion), Kallanish notes.
Shagang will promote the project through wholly-owned subsidiary Anyang Yongxing Steel. This will include the integration of some privately-owned steel companies in Anyang, and the transformation development of steel companies in other regions in Henan …
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Anonymous
Very good overview of the weekly steel market.
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