23
Sep
08:09
HBIS and Danieli establish equity partnership
Hebei Iron & Steel (HBIS) and Italy’s Danieli have signed an agreement to transform the supply chain relationship between the two parties into a stable equity cooperation relationship, according to China News.
Details of the agreement have not been confirmed but analysts suggest Danieli may take a small stake in HBIS. The cooperation will initially be focussed on the new steelworks for HBIS’s Shijiazhuang Iron & Steel (Shiga…
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Anonymous
Very good overview of the weekly steel market.
Anonymous