8th World Antimony Forum

TBD
Guiyang, Guizhou, China

12th Rare Earth Summit

TBD
Hangzhou, Zhejiang, China

11th Aluminum Raw Materials Summit

TBD
Hangzhou, Zhejiang, China

9th Magnesium Summit

TBD
Hangzhou, Zhejiang, China

13th World InBiGeGa Forum

TBD
Hangzhou, Zhejiang, China

7th World Antimony Forum

June 13-14, 2019
Changsha, Hunan, China

7th Refractory & Abrasive Materials Summit 2019

May 23-24, 2019
Qingdao, Shandong, China

10th Aluminum Raw Materials Summit

May 16-17, 2019
Zhengzhou, Henan, China

11th Rare Earth Summit

May 9-10, 2019
Qingdao, Shandong, China

8th Magnesium Summit

April 11-12, 2019
Zhuhai, Guangdong, China

12th World InBiGeGa Forum

March 14-15, 2019
Zhuhai, Guangdong, China

Valin Steel to acquire Yangchun New Steel

2019-09-10 15:33:13   【Print】
Valin Steel announced on late September 6 that the company's subsidiary Valin Xiangtan Iron and Steel planned to acquire 51% of Yangchun New Steel's shares with RMB1.Asian Metal Copyright655 billion USD233 million in cash to avoid the potential horizontal competition between Valin Group and Valin Steel.Asian Metal Copyright655 billion (USD233 million) in cash to avoid the potential horizontal competition between Valin Group and Valin Steel.

According to the announcement, there is potential horizontal competition between the listed company Valin Steel and Valin Group, the controlling shareholder of Valin Steel, as the latter indirectly holds the control right of Yangchun New Steel. After completing the acquisition, Yangchun New Steel will become a subsidiary of Valin Xiangtan Iron and Steel, which will help Valin Steel further improve and enrich its products structure and optimize the market layout in economically developed coastal areas.
.Asian Metal Copyright .Asian Metal Copyright