02
Aug
07:08
China's Hegang and Shougang to merge, reports suggest
Reports in China suggest that China another major steel company merger is being considered following the announced projected amalgamation between Baosteel and Wugang. This time it is northern China steelmakers Hegang and Shougang which are the subject of speculation, Kallanish notes.
According to Bloomberg, China is planning to merge Shougang and Hegang to create a Northern Iron & Steel group. This would complement a Southern group formed from Baosteel and W…
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Anonymous
Very good overview of the weekly steel market.
Anonymous