Human rights court orders Peru to pay damages to mining town
The court ruled the state failed to comply with its duty to regulate and supervise La Oroya Metallurgical Complex, which was active for nearly a century.
BEIJING, Sept 25 (Reuters) – China Baowu Steel Group said a media report that it is in talks to take over Magang group was not true, state media Shanghai Securities News reported on Tuesday.
Top Chinese steelmaker China Baowu Steel Group is in talks to take over rival Magang Group, three sources familiar with the discussions told Reuters earlier, a deal that would help entrench the nation’s position as a serious competitor in global steel markets.
(By Beijing Monitoring Desk; Editing by Christian Schmollinger)
