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CHINA BAOWU / TAIYUAN IRON & STEEL GROUP

M.10083

CHINA BAOWU / TAIYUAN IRON & STEEL GROUP CHINA BAOWU STEEL GROUP CORPORATION / TAIYUAN IRON & STEEL GROUP
December 22, 2020
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Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

M.10083 – CHINA BAOWU / TAIYUAN IRON & STEEL GROUP

SECTION 1.2

Description of the concentration

1.On 30 November 2020, the European Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No. 139/2004 involving the acquisition by China Baowu Steel Group Corporation Limited ("China Baowu") of sole control over Taiyuan Iron and Steel (Group) Company Ltd ("TISCO").

2.China Baowu and TISCO are principally active in the manufacture and sale of steel products. Their business operations are mainly focused on China.

Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË

Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.

EUC

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