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  1. PZH Steel to get 7.19b yuan asset injection

    Posted May 20th 2008, 12:00am by Carol Chan

    ... partner, Anshan Iron & Steel Group, at 9.59 yuan each for PZH Steel, 14.14 yuan each for Chongqing Titanium and 6.50 yuan each for Sichuan Changcheng, the statement said. The deal, which ... Group, Anshan Iron & Steel and Wuhan Iron & Steel Group have completed asset injections into their respective listed arms to pave the way for expansion. Gathering steam Consolidation ...

  2. China Eastern may fly high on yuan surge, Angang and Magang face mixed fortunes

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

    ... China Eastern Airlines: Today China Eastern Airlines Corp (670), whose shareholders voted down a management-favoured stake acquisition by Singapore Airlines and Temasek Holdings in January, may have turned a profit last year of 603 million yuan (HK$671.7 ...

  3. Angang denies plans to invest in Liaoning deposit

    Posted Jun 27th 2009, 12:00am by Carol Chan

    ... Carol Chan Angang Steel said yesterday the company and its state-owned parent had no plans to invest in the Benxi iron ore mine to exploit a newly discovered deposit that local officials touted as the biggest in Asia. The clarification came after mainland media reported that Angang's parent company, Anshan Iron and Steel Group, and rival Benxi Iron and Steel Group, both ...

  4. Mainland steel prices go into free fall

    Posted Jun 29th 2005, 12:00am by Eric Ng

    ... steelmakers, including the largest three- Baoshan Iron & Steel, Anshan Iron & Steel and Wuhan Iron & Steel- to hold a meeting at the weekend. 'Flat product prices have been falling ... have probably reached the bottom as they are already close to production costs, but the flat steel segment still has more room to fall,' he added. Anshan Iron & Steel's spokesman ...

  5. In Brief

    Posted Aug 01st 2007, 12:00am by Staff Reporter

    ... in Xinjiang and Central Asia in areas of exploration, smelting, processing and distribution of non-ferrous metals. Carol Chan Anshan Steel eyes breakthrough in merger bid with Bengang Anshan Iron ...

  6. Company profile- Angang Steel

    Posted Jun 11th 2007, 12:00am by Staff Reporter

    ... Angang Steel is the biggest Hong Kong-listed Chinese steelmaker by value. Its principal activity is the production and sale of billets, wire rods, thick plates, cold rolled sheets and large steel products. It operates solely in the domestic market. Steel ...


    Posted Apr 25th 2004, 12:00am by Staff Reporter

    ... Core Pacific-Yamaichi has increased its earnings forecast and target price for Maanshan Iron & Steel after China's largest Hong Kong-listed steel producer announced robust growth in 2003 earnings and encouraging results for the first quarter of t ...

  8. Bengang buying parent's assets to unite production

    Posted Sep 30th 2006, 12:00am by Staff Reporter

    ... facilities from its parent for nine billion yuan while Anshan Iron & Steel, the second-largest steel producer, bought steel production assets worth 19.6 billion yuan from its parent. ... on the steel sector, one of seven industries experiencing overcapacity. Benxi Steel, traded as A and B shares, had earlier publicised a merger with Anshan Iron & Steel to create China's ...

  9. Coastal Greenland to lift China land bank despite slump

    Posted Jul 31st 2006, 12:00am by Andy Chen

    ... Greenland is active mainly in Beijing, Shanghai, Wuhan and Anshan. Mr Cheng said about 20 per cent of its sales in Beijing and Shanghai, where residential property fetch about 9,700 yuan per square metre, were to investors. However, in Wuhan and Anshan, where homes cost about 3,200 yuan per square metre, most of its customers were end-users. Mr Cheng expects Coastal Greenland's ...

  10. New Cepa pact set for signing, says Tsang

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

    ... The mainland and Hong Kong will sign a new pact under the Closer Economic Partnership Arrangement (Cepa) next Tuesday, including measures that will start in Guangdong. Chief Executive Donald Tsang Yam-kuen announced the fifth phase of the pact in Anshan , Liaoning , yesterday. Vice-President Xi Jinping had revealed during his visit to the city this month that the Ministry ...




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