According to Mr Wang Shoudong chairman of Taigang, Chinese Shandong Province-based steelmaker Taishan Steel and Iron Co has refused to be merged with large local producer Shandong Steel and Iron Group.

Taigang has switched the focus of its business from carbon steel to stainless steel and is currently ranked among the top three domestic producers in the Chinese stainless steel market.

(Sourced from SteelOrbis)
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