16
Mar
00:00
Angang takes subsidiarys chairman for its own
Northern China’s Anshan Iron and Steel (Angang) has appointed Yao Lin as its new chairman, according to media in Liaoning province. Yao will step down from his post as chairman of subsidiary Panzhihua Iron and Steel Group (Pangang) as a result, Kallanish understands.
The merger of Angang and Pangang in 2010 was intended to produce two nationwide companies, one focussed on steelmaking and the other on raw materials. The main result, however, was that An…
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Anonymous
Very good overview of the weekly steel market.
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