10
Jul
09:05
Angang transfers stake to Powerchina
Angang Group plans to transfer 360,000,000 A shares (about 4.98% of the company) in the listed arm of its Anshan Iron & Steel (Angang) subsidiary to Power Construction Corporation of China (Powerchina). This has been communicated by the group's listed arm to the Shenzhen Stock Exchange. The transfer is awaiting approval by China's State-owned Assets Supervision and Administration Commission of the State Council (SASAC)…
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Anonymous
Very good overview of the weekly steel market.
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