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CHINA'S BAOSTEEL SAYS NO CONCRETE ACQUISITION PLANS SO FAR.
SHANGHAI, Nov 1 Asia Pulse - Baosteel (SSX:600019) says it so far has no concrete acquisition plans though its plan of increasing capacity to 50 million ton per year by 2012 does entail mergers and acquisitions, a company official said on October 30 in Shanghai.
The company, which currently has a capacity of 30 million tons per year, will realize the expansion goal through parent firm Baosteel Group, with east ...
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Source: HighBeam Research, CHINA'S BAOSTEEL SAYS NO CONCRETE ACQUISITION PLANS SO FAR.