U.S.-based financial holding company JPMorgan Chase & Co recently cut its shareholding in Angang Steel Co Ltd<000898><0347> to 9.69% from the previous 10.33%, according to statistics released by the Hong Kong Stock Exchange. Information from the HKEx showed that JPMorgan on Nov. 17 sold 6.92...
October 27 MetalBiz--A few days ago, Angang Group and Vale singed a contract on setting up 1.2mln tons of pellet project by joint venture. It is reported that the investment...
Australia has allowed Chinese steel producer Angang Steel Co Ltd<0347> to increase its stake in Australian iron ore miner Gindalbie Metals Ltd to 36%, said Wayne Swan, the Treasurer of Australia. Pursuant to the agreement, Angang Steel will invest in infrastructure development in the mid-west region...
Angang Steel Company Ltd (Ansteel)<000898><347>, one of China's Top 3 steel producers, won the approval from its shareholders to issue RMB 10 billion worth of corporate bonds, sources reported. The corporate bonds will be offered in five-year and 10-year tranches. Proceeds from the bond issue will be...
ANGANG Steel Co, China's second-largest steel maker, said third-quarter profit climbed 29 percent as it benefited from higher steel prices ...
November 25 MetalBiz鈥擜nyang Steel issued a public notice to clarify the scandals of Sinosteel's purchase, said that Angang did not contact with Sinosteel on assets restructuring...
Angang Steel Co Ltd<000898><0347>, one of China's top three steel producers, has raised the prices of its major steel products for December, sources reported.Angang Steel on Monday announced that hot-rolled steel product prices will be RMB 300 per ton higher in December than the current prices. Its cold-...
Angang Steel Co Ltd<000898><0347>, one of China's top three steel producers, earlier this week said its net profit attributable to shareholders for the first nine months of this year was RMB 330 million, down 96% year on year, sources reported.The firm's operating revenue was RMB 49.22 billion in the first three...
Baring Asset Management Ltd, a global investment management firm, on Sep. 18 raised its shareholdings in Angang Steel Co Ltd<000898><0347> to 8.03% from the previous 7.72%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>.HKEx said that Baring Asset on Friday...
Angang Steel Company Ltd<000898><0347>, one of China's top three steel producers, announced Friday that it has obtained approval from shareholders to issue up to 217.2 million H shares via a private placement. The proceeds from the H-share issuance will be used to supplement the firm's working...