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Did Baotou Steel and Shanxi Zhongyang Iron and Steel merge?
Baotou Steel and Shanxi Zhongyang Iron and Steel did not merge.
Baotou Steel Group is a large iron and steel enterprise in China, facing the challenges of industry reform and market competition. Shanxi Zhongyang Iron and Steel Co., Ltd. is a medium-sized steelmaking enterprise with limited production capacity and sales channels. Although there have been rumors that Baotou Steel will merge with Shanxi Zhongyang Iron and Steel, according to official sources, Baotou Steel and Shanxi Zhongyang Iron and Steel have not merged.
In recent years, Baotou Steel Group has actively promoted enterprise reform and development strategy, and devoted itself to improving product quality and market competitiveness.
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