China Baowu Steel Group Corporation Ltd and Sinosteel Group Corporation Ltd

Case number: LM187Feb23
Case parties: Primary Acquiring Firm: China Baowu Steel Group Corporation Ltd
Primary Target Firm: Sinosteel Group Corporation Ltd
Case type: Large Merger
Type of merger: Both
Case status: Reasons Issued
Outcome: Approved
Order date: 2023-03-14
Sector: Mining and quarrying
Industry: Trading and mining of chrome ore and production of ferrochrome
Relevant market: Supply of mill rolls
Competition Tribunal Members: Fiona Tregenna, Jerome Wilson, Liberty Mncube