Liaoning Special Steel claims top maker rank with acquisition

Liaoning Special Steel Group Co is claiming the title of China’s largest special steel producer following the acquisition of state-owned Beiman Special Steel, located in Qiqihaer city in the northeastern province of Heilongjiang

Anshan and Benxi resumed merger talks in August although both parties maintained that they are unlikely to reach a final decision on the alliance plan in the near term.


October 30, 2003

14:24 GMT