21
Jul
13:25
Bengang increases control in its listed company
Benxi Iron & Steel Group (Bengang) has increased its stake in its listed subsidiary, Bengang Steel Plate, through the transfer of beneficiary rights in trust. The move will simplify the merger of Bengang with Anshan Iron and Steel Group (Angang).
Bengang Group's holding subsidiary Benxi Steel has increased the shares of Benxi Steel Plate by 14.28% to 76.30% in total, Kallanish notes. Benxi Steel is still the controlling shareh…
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Anonymous
Very good overview of the weekly steel market.
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