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
Business /  Companies

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

Eric Ng
Eric Ng

Updated: 5:31pm, 27 Jun, 2016

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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
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