28
Jan
11:35
Baowu intends to acquire Shangang
China Baowu Group may maintain its aggressive mergers and acquisitions pace in 2021, after becoming the biggest steelmaker worldwide.
Chinese media reported on 28 January that Baowu's planned acquisition of Shandong Iron & Steel (Shangang) has entered the closing stages.
Market watchers expect the official announcement of the merger could come after the Chinese New Year, Kallanish notes.
In 2019, Baowu and Ma'anshan Iron & Steel me…
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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