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Heavy Industry

Wuhan Steel buys stake in smaller rival
By STAFF EDITOR
Published: August 02, 2007 04:17 PM
Wuhan Iron and Steel Group signed an agreement Wednesday to buy a 48.41% stake in a subsidiary of Kunming Iron and Steel Group for at least US$396.4 million (RMB3 billion), the People’s Daily reported. Kunming Steel ...
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