Hebei Province-based major Chinese steelmaker HBIS Company Co., Ltd., a subsidiary of Hebei Iron and Steel Group, has announced that it plans to transfer the closed assets of its Handan Branch to Hebei Province-based Handan Iron and Steel, with the value of the assets in question assessed at RMB 3.854 billion ($0.55 billion).
HBIS Company plans to transfer closed assets of its Handan Branch to Handan Steel
Eunice Ouyang
EditorI graduated from University of Shanghai for Science and Technology, with 16 years of deep expertise in the steel industry. I am responsible for steel-related news and intelligence, as well as leading the content team in China.
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