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07 Dec
10:39

Baowu establishes Baowu Zhongnan Steel

China Baowu Group held an establishment ceremony for new subsidiary Baowu Zhongnan Iron & Steel on 5 December. Meanwhile, the Guangzhou government has signed a cooperation contract with Baowu Group, Kallanish notes. In mid-November, Baowu Shaoguan Iron & Steel in Guangzhou City was renamed Baowu Zhongnan Iron & Steel. Nothing else has changed but its address. Baowu now holds 51% of Baowu Zhongnan Steel and Guangdong GW Holdings Group controls the …
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