Nanjing Iron & Steel Increases Budget for Alloy Purchases by 500 Million Yuan

MT Newswires Live
Aug 14

Nanjing Iron & Steel (SHA:600282) will increase its allocation for alloy purchases from CITIC Global Trading by 500 million yuan for 2026, according to a Friday filing with the Shanghai bourse.

The allocation for purchases will rise to 575 million yuan from the original budget of 75 million yuan.

CITIC Global is controlled by the listed company's controlling shareholder, CITIC Group.

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