Oct. 20 MetalBiz--China's Laigang Group declared to reduce its rebar price by 100 yuan per ton (US$15 per ton) to 3,400 yuan per ton. China's domestic steel price has been...
Laiwu Steel Corp<600102>, one of the top ten steelmakers in China, will issue about 642.48 million shares to Laigang Group, in order to fund its acquisition of assets from the state-owned parent, according to Laiwu Steel's statement filed with the Shanghai Stock Exchange today.It is estimated that Laiwu Steel...