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  1. Maanshan Steel earnings below expectations

    Posted Aug 17th 2007, 12:00am by Eric Ng

    ... Maanshan Iron & Steel, the mainland's second-biggest Hong Kong-listed steelmaker, posted a lower than expected 1.9 per cent increase in first-half net profit as higher costs offset increased revenues from sales volume growth. Net profit rose to 1 ...

  2. News - China - ENVIRONMENT

    Most Chinese cities hiding vital pollution data from public

    Posted Mar 29th 2013, 12:00am by STEPHEN CHEN

    ... Changzhou in Jiangsu , Anshan and Dalian in Liaoning, Weifang in Shandong and Yinchuan in Ningxia the most regressive. Wuhu's index score was only 34.6 last year, down from a respectable 57.1 ...

  3. 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 ...

  4. 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. ...

  5. 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 ...

  6. 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 ...

  7. In Brief

    Posted Jan 07th 2005, 12:00am by Staff Reporter

    ... in Taiwan. steel group lifts capacity Anshan Iron and Steel Group, parent of H share Angang New Steel, plans to almost double steel output capacity to 20 million tonnes in five years. Last year, ...

  8. 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 ...

  9. 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 ...

  10. Business - Companies

    China’s Ansteel to take control of Australia iron ore mine

    Posted Jun 11th 2013, 12:57pm by Reuters

    ... Reuters in Sydney China’s state-owned Anshan Iron and Steel Group Corp has agreed to take a majority stake in the Karara iron ore project in Western Australia, shoring up joint-venture partner Gindalbie Metals after setbacks at the project. The deal will eliminate the need for Gindalbie to pursue an impending equity raising and allows it hold on to A$35 million (HK$256.4 ...




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