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Shougang to divest from Malaysian steel project

 

Date:[12/27/2017]    Source:Shandong Hai Steel Co.,Ltd

 

Shougang to divest from Malaysian steel project

Shougang Group will exit its first overseas steel project with its subsidiary - Oriental Steel Investment Pte announced to get rid of its stakes and creditor's right in Eastern Steel Sdn in coastal city Klang, West Malaysia, according to a post on China Beijing Equity Exchange on December 19.

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