<p>China&#8217;s largest privately owned steelmaker, Shagang, has entered the shipbuilding business with the establishment of a wholly owned subsidiary in Tianjin, joining a growing procession of industrial groups looking to capitalise on China&#8217;s booming newbuilding market. Jinsha Heavy Industry (Tianjin) has just been registered 8 with capital of RMB70m ($10m). Its business scope encompasses shipbuilding, &#8230;</p> </p><p><p>https://splash247.com/shagang-moves-into-shipbuilding-with-tianjin-venture/</p></p>