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07 Feb
08:54

Baowu starts cooperation with Baotou Steel

Chinese steel giant Baowu Group has started to work with Inner Mongolia's Baotou Steel on the turnover of Baotou Steel's steel business. This cooperation has not yet involved any equity changes, but has raised speculation of yet another Baowu takeover, Kallanish notes. The two companies will cooperate in various fields such as industrial gas, clean energy, tar deep processing, steel pipemaking, mineral resources, energy conservation and environme…
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