The Guangdong government and Baosteel will soon discuss issues about the possible consolidation of Guangzhou Steel by Baosteel, a matter that has drawn wide attention after Guangdong Iron and Steel went public in June 2008. According to a plan, after the completion of proposed acquisition, Guangzhou Steel will close all the plants making construction steel and its subsidiary Zhujiang Steel, and instead produce at new sites auto and home appliance steel that is in much demand.
