30
Nov
06:45
Baowu moves closer to Shangang takeover
Baowu group's planned acquisition of Shandong Iron & Steel Group (Shangang) has taken a further step with an approval on 6 November by China's Antitrust Enforcement Division II of the State Administration for Market Regulation, Kallanish notes.
According to regulation from China's State Council, if participants in the deal all have revenues over CNY 10 billion ($1.4 billion) worldwide, and at least two of them had revenues over CNY 400 million in C…
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Anonymous
Very good overview of the weekly steel market.
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