Original title: China’s Baosteel in Discussions on Steel Investments From Asia to Africa
China’s Baoshan Iron & Steel Co. is in discussions with several potential partners about investing in steel projects, with the primary focus on Asia, the Middle East and North Africa. The nation’s top steel producer, known as Baosteel, is “actively considering” overseas investment targets, according to a statement on Friday posted on Wechat. The remarks were made at the company’s briefing for its first-half results, which was attended by executives including Chairman Zou Jixin .