Chinese opposition mounts to BHP-Rio

The comments by Mr Zhang, chairman of the China Iron and Steel Association and of Ansteel, one of the country's biggest steelmakers, are among the harshest criticisms of the proposed deal.

The prospect of a merger between two of the world's biggest three suppliers of iron ore has been resisted by many steel companies. This is because of the extra power a BHP/Rio union would have for forcing through price increases for ingredient in steel making.

Last week the Australian anti-trust regulator approved the merger of the two Anglo-American rivals, leaving the European Union's competition authority as the final regulator to decide on the deal. It has until January to do so.

您已阅读61%(675字),剩余39%(439字)包含更多重要信息,订阅以继续探索完整内容,并享受更多专属服务。
版权声明:本文版权归manbetx20客户端下载 所有,未经允许任何单位或个人不得转载,复制或以任何其他方式使用本文全部或部分,侵权必究。
设置字号×
最小
较小
默认
较大
最大
分享×