Wednesday, December 24, 2008

Chongqing Iron and Steel CoFactory relocations

CHONGQING Iron & Steel Co, a Hong Kong-listed Chinese steel maker, said its parent will relocate plants to cut pollution as part of the Chongqing city industry layout redesign.

The parent, Chongqing Iron & Steel Group, is seeking government approvals to move plants to Jiangnan Town, Changshou district of Chongqing from Dadukou district, the company said yesterday in a statement to Hong Kong stock exchange.

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