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Investigation on Baosteel executives concludes: Report

(chinadaily.com.cn)
Updated: 2009-07-14 15:28

An investigation on several senior executives of China's major steel mill Baostill has concluded and "all of the employees have returned to work", local media reported early Tuesday.

Related readings:  China widens probe of steel industry  Australia: Rio case not to affect trade ties  Detained Rio Tinto executive in good health: Australian FM  Rio spy case may hamper iron ore talks  Executive of Shougang Group detained for 'commercial crime'

The Group's chief representative for iron ore pricing talks was among those under probe.

Australian iron ore supplier Rio Tinto's senior executive Stern Hu and three other staff members were detained in Shanghai July 5 on charges of espionage, after which authorities launched investigations on several executives of steel mills in China.

The report did not reveal more details of the investigation. Earlier media reports said Stern Hu, head of Rio's Shanghai office, visited China's steel mills almost every month. One of the steel mills was Baosteel.