During 12th Five Years, Anhui province, East China will push the mergers and acquisitions amid provincial auto, steel industries etc. In other words, the province will welcome a wave of consolidation.

According to the Plans for 12th Five Years of the province, Anhui will speed up the reorganization among auto, electricity, coal, steel, machinery sectors etc via the mode of multi-mechanism or multi-regional M&As, alliance, shareholdings, listing on exchange etc.

All the efforts may create one steel giant.

(Source: www.steelhome.cn)

To keep tab on real time prices in China, send a mail to admin@steelprices-china.com