Guiding the World Metal Market
  • Zinc Conc. 50%min EXW South China TCdown(-100)  10-21|Tungsten Ore WO3 55%min EXW Chinaup(10000)  10-21|Lithium Manganate Mn 58% Delivered Chinadown(-1000)  10-21|Cobalt Oxide 72%min Delivered Chinadown(-5)  10-21|Antimony Trioxide 99.5%min IW Rotterdamdown(-0.5)  10-21|Cobalt Oxide 72%min IW Rotterdamdown(-0.8)  10-21|Lithium Hydroxide LiOH 56.5%min, Magnets 0.0001%max FOB Chinadown(-0.4)  10-21|Iron Ore Fine 65%min EXW Liaoningdown(-20)  10-21|Lithium Hydroxide LiOH 56.5%min, Magnets 0.0001%max Delivered South Koreadown(-0.4)  10-21|Stainless Scrap 304 Solid IW Tokyoup(5000)  10-21|Antimony Ingot 99.65%min IW Baltimoredown(-0.3)  10-21|Lithium Carbonate 99.5%min FOB South Americadown(-0.4)  10-21|Lithium Carbonate 99.5%min Delivered EUdown(-0.4)  10-21|Lithium Carbonate 99.5%min CIF Chinadown(-0.4)  10-21
    •

    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 Copyright .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 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 areasAsian Metal Copyright
    Spring Steel NewsSpring Steel PricesSpring Steel StatisticsSpring Steel ReportsSpring Steel BuyersSpring Steel Sellers
      Copyright © Asian Metal Ltd All rights reserved.
    WeChat
    Tel