The consolidation in the steel industry will accelerate in
the coming three to five years, the firm told a briefing,
following the release of its first-quarter report the previous
day.
(Reporting by Amy Lv and Dominique Patton in Beijing; Editing
by Kevin Liffey)
BEIJING, April 28 (Reuters) - China's biggest listed
steelmaker, Baoshan Iron & Steel Co , said on Friday
that it expected large firms would hold a 65% share of the
market within five years, up from 43% currently.
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