Tanggang, Hangang To Merge Into Hebei Iron & Steel Group Co

摘要

With surging iron ore prices in the background, the Chinese government is accelerating consolidations and restructure for the steel industry. The National Development and Reform Commission (NDRC) has approved swiftly and successively merger and consolidations proposed by steel companies in the three Provinces of Guangdong, Shandong and Hebei, as well as Guangxi Zhuang Autonomous Region.