Daily Archives: July 31st, 2010

learn mandarin – New Ansteel established

Anshan Iron and Steel Group Corporation (Ansteel) and Pangang Iron &Steel Group Co. have formally effectuated their long-awaited merger in Beijing Thursday, marking a shrink-to-three between the four State-owned iron and steel enterprises. Based on the announcement, the newly established Ansteel will not be directly regulated by the State-owned Assets Supervision and Administration Commission (SASAC). [...]