Image 1 of 1
081013 Pictobank MCT 013.jpg
Workers weld steel in the workshops of a factory on Changxing Island, near Shanghai, on October 13, 2008. Baosteel, China's biggest steel producer, is to take over Ningbo Iron and Steel Group and Baotou Iron and Steel Group. The Chinese government is encouraging mergers in order to restructure the steel industry, according to the steel industry stimulus plan approved by the State Council in January. Photo by Servais Mont/Pictobank