Chinese steel merger to create world’s second largest steel producer
Two Chinese steel companies, Baosteel and WISCO, have announced a merger and acquisition move, the first of the year in the Chinese steel market.
Two Chinese steel companies, Baosteel and WISCO, have announced a merger and acquisition move, the first of the year in the Chinese steel market.
China: A major Chinese power transformers manufacturer, China XD Group, has signed a strategic cooperation agreement with WISCO (Chinese steelmaker Wuhan Iron and Steel Co.).