18
Sep
08:53
Rizhao Steel to control Minmetals Yingkou
Rizhao Steel in Shandong has signed a contract to acquire the 54.0383% stake in Minmetals Yingkou Medium Plate owned by China Minmetals Corporation.
After the completion of the equity transfer, Rizhao Steel would control 100% equity of Minmetals Yingkou, Kallanish learns from the plan published by the Anti-Monopoly Bureau of the State Administration for Market Regulation.
China Minmetals listed the stake on the Beijing Equity Exchange in June and stipul…
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Anonymous
Very good overview of the weekly steel market.
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