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  1. Business - Companies - METALS

    Angang Steel to sell loss-making plants to parent Anshan

    Posted Nov 22nd 2012, 12:00am by Eric Ng

    ... consecutive year of net loss and ease the risk of a mainland delisting. The steelmaker clinched a deal to sell a 45 per cent stake in Tianjin Tiantie to Anshan Iron and Steel Group for 1.18 billion ...

    http://www.scmp.com/business/companies/article/1087861/angang-steel-sell-loss-making-plants-parent-anshan

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