02
Jun
10:06
Jianlong looks to buy Wenshui Haiwei steel mill
China’s Jianlong Group plans to purchase the Wenshui Haiwei Steelworks in Shanxi Province, which has 3.65 million tonnes/year of steelmaking capacity, according to local media. The mill would be the rapidly-expanding group's second acquisition in the province after Haixin Iron and Steel, Kallanish notes.
Wenshui Haiwei is a privately-owned steelmaker which has not been in production for over a year. The value of its assets is reported at around CNY 5.8…
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Anonymous
Very good overview of the weekly steel market.
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