19
Nov
07:59
Shagang furthers big data acquisition targets
Shagang has announced a revision to its plans to take control of UK-headquartered data centre operator Global Switch. It intends to use the acquisition to enter the big data arena, as well as to use data to boost its steel operations, Kallanish notes.
Shagang says it no longer plans to acquire an 88% stake in Deli Shunda. It still plans to buy 100% of Suzhou Qingfeng, however, for CNY 2.908 billion ($418.9 million) in three payments over 36 months. Suz…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous