Ansteel Group plans to merge with Lingyuan Steel Group

Ansteel Group is planning to merge with Lingyuan Steel Group, the controlling shareholder of Lingyuan Iron and Steel Co., which may result in a change of controlling shareholder for Lingyuan Steel.

“Liaoning Province-based Chinese steelmaker Lingyuan Iron and Steel Co., Ltd. (Lingyuan Steel) announced on June 22 that Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group (Ansteel Group) is planning to merge with Lingyuan Steel’s controlling shareholder Lingyuan Steel Group.”steelorbis.com

• 1 source
• steelorbis.comAnsteel Group plans to merge with Lingyuan Steel GroupEunice OuyangJun 23, 2022

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