09
Jan
14:15
Hegang Tata purchase remains difficult
Tata Steel and China Hebei Iron and Steel (Hegang) are reportedly in talks over the potential purchase of Tata Steel assets in Southeast Asia. Such a purchase may be difficult to pull off however considering the acquisition target, Hegang’s other commitments and its history of being linked to acquisitions and investments that do not materialise, Kallanish notes.
Rumours that Hegang and Tata were in talks over the assets have been circulating, especially in…
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Anonymous
Very good overview of the weekly steel market.
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