Taigang refuses to be merged with Shandong Steel

Chinese Shandong Province-based steelmaker Taishan Steel and Iron (Group) Co., (Taigang) has refused to be merged with large local producer Shandong Steel and Iron Group, Taigang chairman Wang Shoudong stated on March 3. Taigang has switched the focus of its business from carbon steel to stainless steel and is currently ranked among the top three domestic producers in the Chinese stainless steel market.