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India

Maanshan Iron & Steel Co Ltd (600808.SS)

600808.SS on Shanghai Stock Exchange

2.69CNY
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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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