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China to Add to World Steel Domination With New Mega Mill Bloomberg 1 hr ago © BLOOMBERG NEWS Workers operate at the steel plant in Maanshan, near Nanjing, China. (Bloomberg) -- A potential merger between Anshan Iron & Steel Group and Benxi Iron & Steel Group is likely to make the new company one of the biggest steelmakers in the world, further cementing China’s dominance in the sector. Popular Searches Benxi’s unit Bengang Steel Plates Co. announced the plans in an exchange filing, without providing further details. Discussions about a merger of the two companies have taken place si...

Ansteel, Bengang Relaunch Restructuring to Create China’s No. 2 Steelmaker China’s state-owned Ansteel Group is planning a strategic consolidation with regional rival Benxi Steel Group, known as Bengang, a move that could form China’s second-largest steelmaker, Bengang’s Shenzhen-listed unit said Thursday. The restructuring, which may result in a change of control of the company, is still in the planning stage, subject to the approval of related government departments, Bengang Steel Plates Co. Ltd. (000761.SZ) said in a statement. This would be the second attempt for the two steelma...

Steel news roundup: Mills in Tangshan downgraded amid environmental protection requirements/CISA  proposed to increase the import of primary products SHANGHAI, Apr 7 (SMM) — This is a roundup of news in the China ferrous sector for last week. Steel mills in Tangshan downgraded for failure to comply with environmental protection requirements  During the period of Level II emergency response to heavy pollution, Tangshan Steel Stainless Steel, Tangshan Jinma Iron & Steel, Tangshan Chunxing Special Steel and Tangshan Donghua Iron & Steel ran at high capacity, did not comply with emission r...

For instance, the 20-year-old marvels at heavy snow in Illinois and enjoys family gatherings at Thanksgiving. And she especially gets a kick out of how Americans celebrate the birthdays of their pets. “I have dogs back in Ireland,” a smiling Murphy says in the brogue of her homeland. “But I don’t know their birthdays.” Such random tidbits are part of the bonus education she has gleaned in Peoria, where — 3,759 miles from home — she attends Bradley University. It’s a team effort, as she has the assistance of two scholarships — one from the school, the other the first from Peo...

Recent Decisions by English Courts on Provisions Allowing for the Correction of Arbitration Awards It is widely recognised that parties who are dissatisfied with arbitration awards will generally have very limited rights to challenge those awards.  Indeed, the finality of arbitration awards is often one of the attractions of arbitration as a dispute resolution mechanism. However, another (albeit limited) option that might be available to a party who considers that an award contains errors is to ask the tribunal that issued the award to correct or interpret the award, a procedure that is perm...