Financials Jun 25, 2022 06:59 AM (GMT+8) · EqualOcean
The merger and reorganization of the iron and steel industry is a big move. Following the restructuring of Benxi Iron and steel group last year, Anshan Iron and Steel Group is currently planning the restructuring with Linggang group. According to the requirements of relevant documents, the steel enterprise integration plan may be issued within this year. Insiders said that mergers and acquisitions are the development trend of the iron and steel industry during the "fourteenth five year plan", which is conducive to improving the concentration of the iron and steel industry and strengthening the voice in the upstream iron ore field.