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Shandong Steel to speed up consolidation


Post Date: 24 Jul 2009    Viewed: 697

Jiang Daming, governor of Shangdong Province, reiterated the importance of boosting a substantial merger inside Shandong Iron and Steel Group at a conference held on July 22, stating the move is in line with the national industry policy, is a pressing necessity to promote Rizhao Iron and Steel project and a must for preserving and improving the value of state-owned assets. The group should move into a powerful giant, focus on diverse businesses along the coastal areas, strengthen organic management, give full play to its advantages in planning, investment, finance, personnel, purchase, marketing and research, and ensure a safe production.


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