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    Chongqing Iron & Steel acquires key production assets

    2025-06-17 14:44:34   [Print]
    On June 16, Chongqing Iron & Steel Co.Asian Metal CopyrightOn June 16, Chongqing Iron Steel Co.Asian Metal Copyright, Ltd.Asian Metal Copyright The deal will help ensure stable operations, optimize product mix, and support the company's high-quality development.Asian Metal Copyright signed an agreement to purchase key production assets from Chongqing Iron & Steel (Group) Co.Asian Metal CopyrightOn June 16, Chongqing Iron Steel Co.Asian Metal Copyright, Ltd.Asian Metal Copyright for approximately RMB1.Asian Metal Copyright for approximately RMB1.Asian Metal Copyright The acquired assets are vital to the company's operations and align with national industrial and capacity policies.Asian Metal Copyright08 billion (USD151 million).Asian Metal Copyright Payment will be made in installments.Asian Metal Copyright The deal includes steelmaking facilities and production lines for 4100mm wide plate, 2700mm plate, wire rod, rebar, and structural steel.Asian Metal Copyright, Ltd.Asian Metal Copyright Payment will be made in installments.

    Chongqing Iron & Steel is primarily engaged in the manufacturing and sales of medium and heavy plates, structural steel, and wire rods. The acquired assets are vital to the company's operations and align with national industrial and capacity policies.Asian Metal Copyright Payment will be made in installments.Asian Metal Copyright The deal will help ensure stable operations, optimize product mix, and support the company's high-quality development.

    .Asian Metal Copyright Asian Metal Copyright
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