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According to a report on the website of the German "Business Daily" on the 27th, the deficit SGL Carbon Group (SGL Carbon) entered the sight of China National Chemical Corporation
.
The German "Manager" magazine quoted company sources as saying that Ren Jianxin, Chairman of China National Chemical Corporation, held talks with SGL Carbon Group President Juergen Koehler and largest shareholder Susanne Klatten
.
A spokesperson for SGL Carbon confirmed that the company has sent a letter to potential acquirers regarding the carbon electrode business, but did not mention China National Chemical Corporation
.
SGL shares rose 13.
8%, their highest point in five months
.
A few months ago, SGL Carbon Group planned to sell carbon electrodes, its core business in crisis
.
Carbon electrodes are mainly used in steel production and are SGL's main business.
The downturn in the steel industry has led to huge price pressures on carbon electrodes
.
.
The German "Manager" magazine quoted company sources as saying that Ren Jianxin, Chairman of China National Chemical Corporation, held talks with SGL Carbon Group President Juergen Koehler and largest shareholder Susanne Klatten
.
A spokesperson for SGL Carbon confirmed that the company has sent a letter to potential acquirers regarding the carbon electrode business, but did not mention China National Chemical Corporation
.
SGL shares rose 13.
8%, their highest point in five months
.
A few months ago, SGL Carbon Group planned to sell carbon electrodes, its core business in crisis
.
Carbon electrodes are mainly used in steel production and are SGL's main business.
The downturn in the steel industry has led to huge price pressures on carbon electrodes
.
