男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影
  Home>News Center>China
       
 

Mittal seeks 49 pct of China's Baotou Steel
(Reuters)
Updated: 2005-12-28 21:49

BETTING FOR THE LONGER-TERM

Mittal's shares traded on the New York Stock Exchange fell 0.92 percent on Tuesday.

The steel giant was also tipped to be interested in buying 49 percent of Kunming Iron and Steel Group in southern Yunnan province. Executives with Kunming Steel said they had talked with Mittal, but negotiations fell through over unspecified disagreements.

China's steel output has boomed alongside rapid economic expansion, and could grow 25 percent this year to 340 million tonnes, according to government figures. The world's biggest steel mills from Arcelor to South Korea's POSCO are now exploring opportunities to tap that demand.

However, steel prices in the country -- which consumes a quarter of global steel and is the world's biggest producer of the metal -- have fallen a fifth on average since April after peaking at a decade high in March, reflecting a growing domestic glut.

"They (multinationals) are betting on the long term," Liang said. "The market potential is still there, even though prices are getting soft."

Arcelor already holds 12 percent of an automotive steel venture in Shanghai with China's top steel maker Baoshan Iron & Steel Co. Ltd. and Japan's Nippon Steel Corp. . But it wants to further expand its foothold.

And POSCO, the world's fifth-largest player, is considering building a plant in southern China.

Baotou controls two listed firms: non-ferrous metal mill Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co. Ltd., and Inner Mongolia Baotou Steel Union Co. Ltd.

($1=8.0740 yuan)


Page: 12



Goverment's care for migrant workers
President Hu meets with HK chief
Armed police training in Xiamen
  Today's Top News     Top China News
 

City dwellers expect pay rises, new jobs in 2006

 

   
 

Mittal seeks 49 pct of China's Baotou Steel

 

   
 

Hu pledges support for Hong Kong democracy

 

   
 

Japan FM wants amicable Sino-Japanese ties

 

   
 

China demands US lift sanctions on firms

 

   
 

Spending on HIV/AIDS prevention set to double

 

   
  Japan FM wants amicable Sino-Japanese ties
   
  Girl survives 4-day ordeal in dirty ditch
   
  Killer of house seller receives death sentence
   
  Blast victims out of danger in Dujiangyan
   
  Fifty-two year old man undergoes transsexual operation
   
  Energy security situation complicated in China
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         
主站蜘蛛池模板: 涟水县| 勐海县| 四平市| 庆安县| 米脂县| 枣阳市| 崇义县| 池州市| 教育| 灵山县| 乌苏市| 封开县| 临高县| 台江县| 刚察县| 大方县| 安陆市| 中阳县| 科技| 怀集县| 迁安市| 韶关市| 阜南县| 华亭县| 淮南市| 保康县| 石阡县| 丘北县| 清徐县| 黎川县| 安化县| 南阳市| 祥云县| 西峡县| 东阳市| 玛沁县| 冷水江市| 朝阳县| 恭城| 南雄市| 类乌齐县| 弋阳县| 化州市| 浏阳市| 依安县| 固镇县| 六盘水市| 武汉市| 遂川县| 广水市| 黔西| 雅江县| 钦州市| 云林县| 丹巴县| 翁牛特旗| 宜川县| 佛山市| 黑龙江省| 辽源市| 定南县| 宣城市| 囊谦县| 西昌市| 桐城市| 抚宁县| 哈巴河县| 玉龙| 大理市| 当阳市| 文水县| 罗定市| 辽源市| 全南县| 安丘市| 孝昌县| 澄迈县| 贺兰县| 广安市| 无锡市| 麻城市| 农安县|