Shandong province targets six large steel groups by 2015

Nov 25, 2013 | 10:20 AM |

Tags  Shandong province, steel groups, Shandong Iron & Steel, Jinan Iron & Steel, Laiwu Iron & Steel, Zibo Qixin Steel, Weifeng Special Steel, Luzhong Steel Linyi Steel

SHANGHAI — China’s Shandong province will accelerate its consolidation drive over the next two years and aims to form six large-scale steel groups, the provincial government said late last week.

The largest steel mill in the area will be Shandong Iron & Steel Group Co. Ltd., formed via a merger between Jinan Iron & Steel Group Corp. and Laiwu Steel Group Ltd. in 2011.....

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