Taiyuan Iron and Steel Group

Activity by year

2020202120222023202420252026

AcquisitionContract

Aug 21, 2020ACQUISITIONChina
Baowu Steel to acquire 51% stake in TISCO
Baowu Steel will take over stainless steel maker Taiyuan Iron & Steel Group (TISCO) by acquiring a 51% stake, as reported by Reuters.
Taiyuan Iron and Steel Group target Baowu Steel acquirer #Steel and Metal Products agmetalminer.com
Aug 21, 2020ACQUISITIONChina$2.10B
China Baowu Steel to take 51% stake in stainless steelmaker TISCO
China Baowu Steel Group agreed to take a 51% stake in Taiyuan Iron & Steel (TISCO) from Shanxi State-owned Capital Operation Co Ltd. The stake is valued at 14.5 billion yuan ($2.10 billion) but Baowu will not pay for it in a state-backed restructuring.
China Baowu Steel Group acquirer Taiyuan Iron and Steel Group target Shanxi State-owned Capital Operation Co Ltd investor #Steel and Metal Products thestar.com.my
Jun 10, 2020CONTRACTChina
TISCO orders two lines from Fives for GOES plant
Taiyuan Iron and Steel Group (TISCO) has ordered a decarburizing and coating line and a flattening and coating line from Fives for its new grain-oriented silicon steel (GOES) plant. The lines are planned to be operational in the second half of 2021.
Taiyuan Iron and Steel Group Fives supplier #Steel and Metal Products seaisi.org

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