Author: Lalita
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China’s Fangda Group expresses interest in acquisition of Anyang Group
China’s Fangda Iron and Steel Group has showed its interest in the acquisition of the state-owned steel company Anyang Group, according to a latest Lange report. The latter has an annual steel production capacity of more than 10 million tonnes (mnt). At present, Fangda Iron and Steel Group is the only bidder, though previously many…