28
Nov
02:15
Shagang sets up subsidiary for financial distribution
Shagang has set up a financial leasing company in Tianjin. Shagang Group and Shagang South Asia Trading Company are both shareholders, Kallanish notes.
During the initial phase, the new company will operate leasing businesses surrounding the logistics, trading, and iron & steelmaking facilities of Shagang Group. Then it will expand business in financial leasing in connection with companies up and downstream.
In 2015, Shagang had already reg…
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Anonymous
Very good overview of the weekly steel market.
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