14
Dec
09:45
Ansteel Mining introduces external investors for first time
Ansteel Group Mining Corporation Limited, the wholly-owned iron ore subsidiary of Anshan Iron & Steel (Angang), has introduced external investors for the first time in history, says Angang.
Ansteel and Angang have signed agreements with eight state-owned strategy investors for a total of CNY 6.71 billion ($967 million), Kallanish notes.
Angang says this is an important step for deepening reform, broadening financing channels, reducing Angang's debt r…
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Anonymous
Very good overview of the weekly steel market.
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