21
Jun
08:46
Xining Special plans strategic reorganisation
China’s state-owned Xining Special Steel has been informed by its largest shareholder, Xining Special Steel Group, that it is planning to introduce strategic investors alongside carrying out its relocation project, Kallanish notes from a company stock exchange filing. There are also some indications that the restructuring could involve Baowu Group.
The entry of new strategic investors is said to be likely to lead to a change in the company’s ultim…
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Anonymous
Very good overview of the weekly steel market.
Anonymous