China Baowu Steel Group Corporation Ltd and Sinosteel Group Corporation Ltd
Case Number
LM187Feb23
Case type
Large Merger
Type of merger
Both
Case status
Reasons Issued
Outcome
Approved
Order date
2023-03-14 12:10:00
Competition Tribunal Members
Fiona Tregenna, Jerome Wilson, Liberty Mncube
Industry
Trading and mining of chrome ore and production of ferrochrome
Relevant market
Supply of mill rolls
Sector
Mining and quarrying
Primary Acquiring Firm
China Baowu Steel Group Corporation Ltd
Primary Target Firm
Sinosteel Group Corporation Ltd
Secondary Target Firm
Sinosteel Group Corporation Ltd
Hearing Parties
10 / H / China Baowu Steel Group and Sinosteel Group / LM187Feb23 / FT;JW;LM
Hearing Start
2023-03-14 10:00:00
Hearing End
2023-03-14 12:00:00
Hearing Decision Date
2024-05-27 06:00:03