28
Mar
06:27
HBIS to finalise Tata ASEAN assets deal
Hebei Iron & Steel Group (HBIS or Hegang) plans to conclude its deal to purchase of Tata Steel’s Southeast Asian steel assets in early May, Kallanish notes. This was confirmed by HBIS vice president Liu Jian at the 17th International Steel Market and Trade conference held in Nanjing on 28 March.
HBIS has sent some of its staff as observers to verify the actual situation of the purchased assets.
The Chin…
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Anonymous
Very good overview of the weekly steel market.
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