Metals and mining industry developments in China
In a remarkable series of reports in recent weeks, it is emerging that top Chinese iron and steelmakers (e.g. WISCO or Wuhan Iron and Steel Company) are starting to diversify away from their core businesses of iron and steelmaking, into non-steel areas such as the production of wine and management of real estate.
More information on this topic and related steel news on our website at Steelonthenet.com or for more on the WISCO story see http://english.people.com.cn/90001/90778/90860/7370359.html.
Labels: business, China, profitability, steel news, WISCO
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