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  1. Chemical plant blast kills at least 14

    Posted Jun 18th 2006, 12:00am by Minnie Chan

    ... Minnie Chan An explosion at an Anhui chemical plant has killed at least 14 people and injured 30, official media said yesterday. However, villagers who live nearby said the casualty toll could be higher. It was unclear how many people were at the plant in ...

  2. Housing a bonus, but also holds risks for steelmakers

    Posted May 01st 2006, 12:00am by Raymond Li

    ... Raymond Li Li jianshe, steel industry executive Over the past 14 years, Hong Kong-listed Maanshan Iron and Steel Co has cranked up its production by nearly five times to 9.75 million tonnes in response to a surge in fixed-asset investment, especially in t ...

  3. 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, ...

  4. Chief takes relaxed view of polls slump

    Posted Jul 26th 2008, 12:00am by Paggie Leung

    ... Paggie Leung The chief executive said yesterday he would remain positive whether his approval rating rose or fell. 'To me, if my popularity goes up or down, it spurs me on differently,' Donald Tsang Yam-kuen said in Anshan. According to a Chinese University poll released on Thursday, the chief executive's approval rating had fallen to an average of 57.4 out ...

  5. Baosteel may acquire rival Panzhihua Steel

    Posted Jul 28th 2008, 12:00am by Carol Chan

    ... and Steel Association as saying. News of the planned acquisition will be a shock to Liaoning-based Anshan Iron & Steel and Hubei-based Wuhan & Iron Steel, both under the control of Sasac, as they have long been interested in a merger with Panzhihua Steel. Anshan Steel promised in May to provide funds to support Panzhihua Steel's listing plan, which included injecting its production ...

  6. Sticking points still plague Ansteel-Bengang union

    Posted May 19th 2008, 12:00am by Carol Chan

    ... Carol Chan How long can merger negotiations last? As long as a decade, as illustrated by the lengthy talks between state-owned steelmakers Anshan Iron & Steel Group (Ansteel) and Benxi ... The possibility of a merger between Anshan-based Ansteel and Benxi-based Bengang, both in Liaoning province, emerged as early as 1997, but the first hurdle was the low profitability of the steel industry ...

  7. Hundreds are struck down with food poisoning

    Posted Jul 01st 2003, 12:00am by Staff Reporter

    ... by tainted food on Friday and were taken to two local hospitals, according to the Wenzhou Daily. A further 68 people were taken to hospital on Sunday after eating at a restaurant in Anshan city, ...

  8. Steel giants invest in Australia mines

    Posted Apr 13th 2006, 12:00am by Eric Ng

    ... by lower steel prices and higher raw materials costs. Angang New Steel chairman Liu Jie said yesterday parent Anshan Iron & Steel Group had signed a preliminary agreement with Australia's ... but Mr Liu said Anshan had no plan to participate. Mr Su said Maanshan Iron would take delivery this year of 2.5 million tonnes of iron ore from an Australian mine operated by BHP Billiton. ...

  9. Wugang acquisition given green light

    Posted Jan 04th 2005, 12:00am by Eric Ng

    ... of an internal restructuring to streamline the company and reduce intra-group competition and connected transactions. Rivals Shanghai Baosteel Group and Anshan Iron and Steel Group are undergoing similar ... it the nation's second-largest steel producer, behind Shanghai Baosteel Group and ahead of Anshan. Wugang is also in merger talks with Chongqing Iron and Steel and Zhejiang province-based Hangzhou Iron ...

  10. Cases now being probed by the Ministry of Supervision

    Posted Jul 12th 2004, 12:00am by Staff Reporter

    ... Kongxing and his wife, Wang Ping, have been arrested. Improper lending by the Shanghai branch of the Bank of China. Former vice-chairman Liu Jinbao is being investigated. Ex-director of the Anshan ...




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