Jun 07, 2022 07:19 PM (GMT+8) · EqualOcean
Maanshan Iron and Steel Co., Ltd. announced that Changjiang iron and steel, the company's holding subsidiary, transferred 550000 tons of iron making capacity to Zhanjiang iron and steel, a subsidiary of China Baowu, the company's indirect controlling shareholder. The company purchased 280000 tons of steel-making capacity of Baosteel Special Steel, a subsidiary of China Baowu, the indirect controlling shareholder of the company.