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  1. Results

    Posted Oct 14th 2008, 12:00am by Staff Reporter

    ... Today Interim: Quasar Communication Technology Holdings 3rd Quarter: Maanshan Iron & Steel Final: New World Development Tomorrow Final: Hua Yi Copper Holdings, Solartech International Holdings October 16 Interim: Hsin Chong Construction Group 3rd Quar ...

  2. Steel giants link up in Cambodia to cut ore costs

    Posted May 25th 2007, 12:00am by Carol Chan

    ... per cent stake. Anshan Iron & Steel Group and Beijing-based Shougang Iron & Steel Group each owns 15 per cent, according to a statement posted on Wuhan Steel's website. ... Shougang's investment in a Peruvian mine, and Australian mine investments by Wuhan Steel and Anshan Steel. 'Investments by Chinese mills in overseas iron ore resources could help secure supplies ...

  3. Angang dismisses concerns over costs

    Posted Aug 21st 2003, 12:00am by Eric Ng

    ... Steelmaker says it is aided by in-house supply of materials Angang New Steel - the listed flagship of the mainland's second-largest steelmaker, Anshan Iron and Steel Group - says it is not worried fast-growing industry capacity will lead to sharp rises in materials costs. Although Angang faced rising raw materials costs like its competitors, a high reliance on in-house raw materials ...

  4. In Brief

    Posted Sep 11th 2008, 12:00am by Staff Reporter

    ... Anshan Iron pays 1.46b yuan to raise stake in Panzhihua units Anshan Iron & Steel Group spent 1.46 billion yuan (HK$1.67 billion) raising its stake in Panzhihua Iron & Steel ... for the initial stake in Panzhihua New Steel & Vanadium, Sichuan Changcheng Special Steel and Chongqing Titanium. Anshan Steel is providing financial support for Panzhihua Steel's group ...

  5. Sizzling economy's backbone is its up-and-coming private enterprise

    Posted Jul 17th 2008, 12:00am by Staff Reporter

    ... is likely to be those young and emerging private enterprises. The economy of Anshan has long been carried by state-owned Anshan Iron and Steel Group, traditionally accounting for more than 50 per ... and Germany,' said chief executive Guo Songsen. 'But there are a lot of roads in China.' Vice-mayor Wang Zhongzhe sums it up: 'Anshan steel is growing fast, but private companies ...

  6. 16 cities picked for health care trials

    Posted Feb 24th 2010, 12:00am by Staff Reporter

    ... Zhuang Pinghui Sixteen cities across the mainland have been selected to carry out experiments in their public hospitals as a core, yet highly controversial part of the country's health care reform. The long-awaited list includes Shanghai, Shenzhen, Zhenjiang, and Anshan in Liaoning. Several cities, such as Shanghai, and Wuhu in Anhui, had already started public hospital ...

  7. Maanshan Iron plans to move capacity home

    Posted Apr 19th 2007, 12:00am by Carol Chan

    ... Carol Chan Maanshan Iron & Steel, the mainland's second-biggest Hong Kong-listed steelmaker, said it planned to move to its home base the iron and steel-making capacity of a 71 per cent-owned unit, at a possible investment of 19 billion yuan. The ...

  8. Angang postpones fund raiser

    Posted Aug 17th 2005, 12:00am by Eric Ng

    ... as raw materials costs also fell by a similar magnitude. Angang's parent firm, Anshan Iron & Steel Group, has established a new company to merge with Benxi Iron & Steel Group. ...

  9. Magang upgrades to improve margins

    Posted Apr 27th 2005, 12:00am by Eric Ng

    ... million will be high-value products. Magang had previously concentrated on lower-end construction steel and has been slower than rivals Baoshan Iron & Steel and Anshan Iron & Steel ...

  10. Maanshan profits decline 48pc after product prices fall

    Posted Aug 02nd 2006, 12:00am by Eric Ng

    ... Eric Ng Maanshan Iron & Steel posted a 48.75 per cent year-on-year drop in net profit to 1.09 billion yuan in the first half of this year, hurt by sharp falls in product prices last year despite a marked recovery in the second quarter this year. Outpu ...




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