Baoshan Iron rises |
Date:2021-06-27 21:46:29 Click: |
SHANGHAI-LISTED Baoshan Iron and Steel Co surged 7.5 percent yesterday following a one-month trading halt after its parent company Baosteel merged with smaller debt-laden rival Wuhan Steel, creating China’s largest steelmaker Baowu Iron and Steel Group. Baoshan Iron rose to 7.31 yuan (US$1.06). “The merger bodes well for the outlook of both the newly established group and China’s steel industry,” said Wang Guoqing, research director at Lgmi.com, a steel industry website. Wuhan Iron and Steel Co, previously Wuhan Steel’s listed unit, was delisted on February 14. |
Previous:Festival photos, poems and riddles as city’s children go back to school Next:SHANGHAI-LISTED Baoshan Iron and Steel Co surged 7.5 percent yesterday following |
NanJing DBSTAR Electronic Technology Co., Ltd
Address: no.788, Kening Road, Science Park, Jiangning District, Nanjing
Tel: 025-52173366 Fax: 025-52173266
sales@ledall.com
Skype :xiongcy1024
Whats,app :8613913042800
North America
Add: 3857 Schaefer Ave E-F Chino CA91710
Belinda :626-632-5305
TEL:909-627-6783
Fax:909-627-2979
www.dbstarusa.com
Copyright © 2021 Nanjing DBSTAR Electronic Technology Co., Ltd. All rights reserved Su ICP No. 16056290