Baowu Solidifies Global Steelmaking Crown With Major Acquisition
WEBApr 9, 2021 · The deal marks the latest in a rapidfire series of acquisitions of stateowned steel mills by Baowu. China is the world's largest steel maker, responsible for around half the world's total output. But the industry has been highly fragmented for years, as local governments were loath to cede control of important and prestigious contributors ...