15
Sep
05:59
Chinese authorities encourage Anyang steel plants to merge
Anyang city in China’s Henan province is encouraging Anyang Iron & Steel Group to either merge with or acquire local steel companies, according to the Chinese government’s plan for restructuring traditional industries. It aims to improve its proportion of high-end carbon steel and special steel output to 60% by the end of 2020, Kallanish notes.
The Anyang industrial restructuring scheme shows that the city has put together a detailed de…
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Anonymous
Very good overview of the weekly steel market.
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