Author: Lalita

  • China’s Anyang Steel and Shagang Steel plan mixed-ownership reform

    China’s Anyang Steel and Shagang Steel plan mixed-ownership reform

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    China’s Anyang Iron and Steel Group has signed a letter of intent with the country’s top steelmaker Jiangsu Shagang Group to conduct a mixed-ownership reform, in a bid to further consolidate the ferrous sector in the world’s top steel producer. The move comes as China calls for further concentration of the steel sector, aiming to…