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United Kingdom

Maanshan Iron & Steel Co Ltd (0323.HK)

0323.HK on Hong Kong Stock

3.06HKD
17 Jun 2019
Change (% chg)

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Sun, Jun 2 2019

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China Baowu Steel to take majority stake in rival Magang

SHANGHAI China Baowu Steel Group, the world's second-largest steel producer, will acquire a majority stake in rival Magang Group Holding Co Ltd as China pushes for consolidation in its steel industry.

UPDATE 1-China Baowu Steel to take majority stake in rival Magang

SHANGHAI, June 2 China Baowu Steel Group, the world's second-largest steel producer, will acquire a majority stake in rival Magang Group Holding Co Ltd as China pushes for consolidation in its steel industry.

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