Baosteel Group Corp, parent of Baoshan Iron & Steel Co Ltd<600019> has accepted the 23% price hike of iron ore for the third quarter of this year, a source with the knowledge of the matter said on Friday. Reportedly, Baosteel, as the major representative of Chinese steelmakers, is in charge of negotiations...
Baosteel Group, the parent of China's largest steelmaker, Baoshan Iron and Steel Co<600019>, yesterday announced that it has completed the acquisition of a 15% stake in Australian miner Aquila Resources Ltd, sources reported.Baosteel said in a statement posted on its website that it bought 43.95 million shares of...
Baosteel Group, parent of China's largest steelmaker, Baoshan Iron and Steel Co<600019>, has secured approval from Chinese regulators to buy into Australian miner Aquila Resources Ltd, sources reported. Baosteel has proposed to buy up to a 15% stake in Aquila for A$285.6 million. Upon the completion of the...
Baosteel Group, parent of China's largest steelmaker, Baoshan Iron and Steel Co<600019>, Thursday signed an agreement with Aquila Resources to buy a 15% stake in the Australian miner, according to an announcement on the former firm's website.According to the agreement, Baosteel Group will subscribe up...
August 6 MetalBiz--Recently, WSD released "World-class steel companies" list in 2009, a total of 32 companies selected, Baosteel Group ranking No. 3...
Agricultural Bank of China (ABC), the only one of China's Big Four state-owned banks not yet listed, on Wednesday signed an all-round cooperation agreement with Baosteel Group, the parent of China's largest steelmaker, Baoshan Iron and Steel Co<600019>, the official Xinhua News Agency reported. Pursuant to the agreement, ABC will provide the Shanghai-based steelmaker a credit line of RMB 50...
Baosteel Group, parent of China's largest steel maker, Baoshan Iron and Steel Co<600019>, has signed a strategic cooperation agreement with Guangdong Midea Group (Midea) and Galanz Group Co to further develop the supply chain for steel products and home appliances, sources reported....
Mar. 5, 2009 (China Knowledge) - Baosteel Group, parent of China's largest steel maker, Baoshan Iron and Steel Co<600019>, obtained an M&A loan of RMB 800 million from the Shanghai branch of China Construction Bank (CCB)<601939><939>, one of the Big Four state-owned banks in China, sources reported.
Mar. 2, 2009 (China Knowledge) - Baosteel Group, parent of China's largest steel marker Baoshan Iron and Steel Co<600019>, on Sunday agreed to spend around RMB 2.02 billion to acquire a 56.15% stake in Ningbo Iron & Steel Co Ltd (Ningbosteel), sources reported.
Sep. 15, 2008 (China Knowledge) - China's largest steel maker Baosteel Group is negotiating on behalf of the China Iron & Steel Association with Brazilian mining giant Companhia Vale do Rio Doce (Vale), after the...
