Basic Materials
Thursday, September 22, 2016
China's Baosteel takes over Wuhan to create world's No.2 steelmaker
SHANGHAI, Sept 22 (Reuters) - China's Baosteel Group will
fully take over Wuhan Steel Group to create the world's second
largest steelmaker after ArcelorMittal, as Beijing aims to
increase the concentration level of the scattered industry.
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