Baoshan Iron & Steel Co, one of China's two top steelmakers, rebounded to a stronger-than-expected net profit in the fourth quarter, boosted by demand from China's booming auto and appliance sectors.
Baosteel Group Corp said although conditions in the steel market may change, it would remain weak overall in the second half of the year, Vice Chairman Lip Guosheng said on July 6.
Baosteel Group and Shagang signed letter of intent for strategic cooperation on Feb. 23, meaning that China's largeststate-owned and private steelmakers start strategic cooperation, learned from industry source. The ...
Baosteel Group, China's leading steelmaker, announced on November 23 its acquisition of 15 percent stake in Aquila Resources, an Australian iron ore and coal company. The 286 million Australian dollar purchase (265 ...
Australia's Foreign Investment Review Board (FIRB) on October 30 approved the acquisition by China's largest steel maker of up to 19.99 percent of coal miner and iron ore explorer Aquila Resources.
Baosteel Group, China's largest steel maker, said on August 28 it has agreed to pay 285.6 million Australian dollars (US$240.7 million) for a 15-percent stake in Australian miner Aquila Resources. Baosteel will buy...
Shanghai-listed Baosteel, or Baoshan Iron and Steel, saw its net profit rising 18.2% to RMB 9.645 billion (US$1.41 billion) in the first half of the year, the company reported on August 29.