Liaoning Province-based Chinese steel plate producer Bengang Steel Plate has announced that it has inked agreements to acquire the 75 percent stake in Benxi Steel POSCO Cold Rolled Sheet held by its parent company Chinese steelmaker Benxi Steel Group, as well as the exploration rights for the Xujiabaozi iron ore deposit also owned by Benxi Steel Group. South Korean steel producer POSCO owns the remaining 25 percent of Benxi Steel POSCO Cold Rolled Sheet.
According to the agreements, Bengang Steel Plate will pay RMB 1.266 billion ($200.95 million) for the 75 percent stake in Benxi Steel POSCO Cold Rolled Sheet and a further RMB 1.302 billion ($206.67 million) for the iron ore exploration rights in question, with the total consideration amounting to RMB 2.568 billion ($407.62 million).
Bengang Steel Plate to acquire 75% of Benxi Steel POSCO Cold Rolled Sheet
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Chequered Sheet
Thickness
2 - 10 mm
Width
600 - 1,300 mm
Length
1,500 - 4,000 mm
St 37-2 DIN 17100
Tedarikçi
MUTAS DEMIR CELIK SAN TIC .A.S.
Printed Sheet-Pressure Sheets
Thickness
0.5 - 2 mm
Width
600 - 1,200 mm
Length
400 mm
Tedarikçi
MUTAS DEMIR CELIK SAN TIC .A.S.
Hot Rolled Plate
Thickness
6 - 12 mm
Width
1,000 - 1,500 mm
Length
6,000 - 12,000 mm
Tedarikçi
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
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