02
Jun
01:00
Jianlong could add Haixin to growing steel empire
China’s Jianlong Group has been steadily building its capacity, often by rescuing troubled small steelmakers. Now it is reportedly the most active contender to take over and restart the bankrupt steelmaker Haixin Iron and Steel. If successful in this and another takeover of Guofeng Iron and Steel, the group could muster a combined steelmaking capacity of over 30 million tonnes/year, Kallanish notes.
Jianlong has been known to be in negotiations over Ha…
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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