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China Focus: Two Chinese steelmakers announce merger, become world's 3rd largest
China's two major steelmakers, Ansteel and Ben Gang Group Corporation, inked a deal on Friday to kick off their merger and restructuring that will create the world's third-largest steelmaker.
August20,2021
Ansteel achieves cross-border settlement of iron ore in RMB
Angang Group International Trade Corporation Ltd., a unit of China's steel giant, Ansteel Group, has recently concluded the cross-border settlement of imported iron ore in RMB.
August07,2020
Ansteel to buy out Chaoyang Steel at RMB5.9 bln
Angang Steel Company Limited (000898.SZ) said on Wednesday it planned to purchase a 100-percent stake in Chaoyang steel held by its controlling shareholder, Ansteel Group at 5.9 billion yuan.
July18,2018
Ansteel applies AI technology in domestic steel industry
Ansteel Group’s Panzhihua Iron & Steel (Group) Co. and Alibaba Cloud jointly launched the “Steel Brain” project at Xichang Steel Vanadium unit, marking the official landing of artificial intelligence (AI) technology in China's steel industry.
July17,2018
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