Zhang Xiaogang, chairman of Angang Steel Co. Ltd., attends a

CHINA - MARCH 11: Zhang Xiaogang, chairman of Angang Steel Co. Ltd., attends a news conference in Beijing, China, on Tuesday, March 11, 2008. Chinese steelmakers, producer of one third of the world's alloy, will speed mergers and acquisitions domestically to compete with overseas rivals, the China Iron and Steel Association said. (Photo by Nelson Ching/Bloomberg via Getty Images)
CHINA - MARCH 11: Zhang Xiaogang, chairman of Angang Steel Co. Ltd., attends a news conference in Beijing, China, on Tuesday, March 11, 2008. Chinese steelmakers, producer of one third of the world's alloy, will speed mergers and acquisitions domestically to compete with overseas rivals, the China Iron and Steel Association said. (Photo by Nelson Ching/Bloomberg via Getty Images)
Zhang Xiaogang, chairman of Angang Steel Co. Ltd., attends a
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