A worker stands on a stack of rolled steel, shipped from the Baosteel factory in Shanghai, on a dock at Guangzhou, Guangdong province. Photo: Greg Baker, AP A worker stands on a stack of rolled steel, shipped from the Baosteel factory in Shanghai, on a dock at Guangzhou, Guangdong province. Photo: Greg Baker, AP
A worker stands on a stack of rolled steel, shipped from the Baosteel factory in Shanghai, on a dock at Guangzhou, Guangdong province. Photo: Greg Baker, AP

Baosteel, Wuhan Steel reveal mega-merger plans

With a combined output of 60.72 million tonnes, new giant could unseat Hebei Iron and Steel Group as nation’s biggest producer

A worker stands on a stack of rolled steel, shipped from the Baosteel factory in Shanghai, on a dock at Guangzhou, Guangdong province. Photo: Greg Baker, AP A worker stands on a stack of rolled steel, shipped from the Baosteel factory in Shanghai, on a dock at Guangzhou, Guangdong province. Photo: Greg Baker, AP
A worker stands on a stack of rolled steel, shipped from the Baosteel factory in Shanghai, on a dock at Guangzhou, Guangdong province. Photo: Greg Baker, AP
READ FULL ARTICLE