22
Dec
07:16
Liugang plans to buy stainless mill
China’s Liuzhou Iron & Steel (Liugang) plans to buy a local private stainless steelmaker Guangxi Zhongjin Metal Technology, according to an announcement by its listed company. Trading in Liugang shares has remained halted since 17 October, Kallanish notes.
Published information shows that Liugang aims to get full ownership of Zhongjin, which mainly produces stainless steel plate for the domestic engineering, white goods, transportation a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous