Hong Kong-based investment holding company China Oriental Group has announced that it has sold all shares in Tianjin-based Dongfang Jiangtian Profile Steel Sales Co. Ltd (Dongfang Jiangtian Profile Steel Sales) for RMB 10.0 million to Tianjin-based companies Giant Heavy Industry and Jiangtian Steel.
Dongfang Jiangtian Profile Steel Sales has an annual steelmaking capacity of 1.4 million mt.