Topic: Shanghai Baosteel Group Corporation

Aquila shares soar as Baosteel stake gets nod

AFP Asian Edition - 293 days ago
Shares in Australia's Aquila soared Wednesday after Baosteel won Chinese approval to take a 285.6 million dollar (265.7 million US) stake in the coal miner and iron ore explorer.Aquila's shares rose 58 cents, or 6.63 percent ...

Australia approves Baosteel stake in Aquila

AFP Asian Edition - 312 days ago
China's largest steelmaker Baosteel Friday won approval to take a 285.6 million dollar (261.5 million US) stake in Aquila Resources, the Australian mining company said.Aquila said Australia's Foreign Investment Review Board (FIRB) had approved Baosteel to

Chinese spy probe widens; Australia wants haste

Reuters US Online Report World News - 420 days ago
BEIJING (Reuters) - Chinese investigators have questioned executives at several steel mills in a widening probe of alleged leaks of state secrets to Australian iron ore supplier Rio Tinto, Chinese media said on Tuesday.The news comes as Australian officia

China holds Rio exec as spy; iron ore deal in doubt

Reuters US Online Report Business News - 426 days ago
BEIJING/PERTH (Reuters) - Chinese authorities are detaining Rio Tinto Ltd's top iron ore negotiator on suspicion of espionage and stealing state secrets, Australia said on Wednesday, threatening to strain already fraying ties.Details about the detention o

China Baosteel says it bought control of smaller rival

AFP Asian Edition - 554 days ago
China's leading steelmaker Baosteel Group Corp. said Monday it planned to pay more than two billion yuan (294 million dollars) for a controlling stake in a smaller rival.Baosteel will take control of Ningbo Iron and Steel Co Ltd and start ...

China's Baosteel to raise prices for first time since August: report

AFP Global Edition - 621 days ago
China's leading steel maker Baosteel will raise prices of major products in February, the first hike since August amid confidence that demand is growing, state media reported Thursday.Baosteel will increase the price of cold-rolled steel by 300 yuan (44 d

Rio Tinto says it is comfortable with debt level

AP News - 650 days ago
Rio Tinto shurgs off debt concerns after BHP Billiton abandons takeover bidMining giant Rio Tinto on Wednesday sought to allay concerns about its debt levels a day after bigger rival BHP Billiton abandoned a takeover bid for that reason, sending Rio's ...

BHP, China's Baosteel agree iron ore price hike

AP News - 795 days ago
BHP Billiton and China's Baosteel agree on iron ore price rise of up to 96.5 percentBHP Billiton Ltd. said Friday that China's Baosteel, negotiating on behalf of the Chinese steel industry, agreed to price hikes of up to 96 ...