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Rizhao Steel get majority risk in an additional steelmaking firm

Gangya Metal682 people have read

Shandong Province-based Chinese steel manufacturer Rizhao Steel Holding Team Co., Ltd currently holds a 51 percent stake in ShandoGangya metalng-based Zibo Qilinfushan Iron and also Steel Co., Ltd, making it the new regulating investor of the last business, while the risk of the original regulating shsheet steel coilareholder, Shandong-based Zibo Fushan Business Group Co., Ltd, has declined from 76 percent to 25 percent.According to a previous news, Rprepainted galvalume steel coil priceizhao Steel will certainly add 8.7 million mt of steelmaking capability in 2022, with its general yearly ability expected to exceed 30 million mt.

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