Pangang Vanadium & Titanium To Acquire Xichang Steel & Vanadium’s Branch

Pangang Vanadium & Titanium announced on October 18 that it intended to purchase the overall operating assets and liabilities of vanadium products branch of Xichang Steel & Vanadium by cash so as to effectively avoid the competition in the same industry, integrate vanadium business, and enhance its sustainable profitability.