HomeSteelIndustry China’s Ansteel plans takeover of Lingyuan Iron & Steel Anshan Iron & Steel Group Corp (Ansteel) is in talks about taking over Lingyuan Iron & Steel (Lingsteel), which would keep it on track to reach its target of having a crude steel capacity of 70 million tonnes per year by 2025. In a filing to the Shanghai Stock Exchange on Wednesday June 22, Lingsteel said that its controlling shareholder and Ansteel were in discussions over a potential restructuring that may lead... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Zihuan Pan June 23, 2022 07:02 GMT Shanghai Keywords Ansteel Lingyuan Iron & Steel Restructuring Merger and reorganization Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
