22
Sep
01:00
Anyang Steel to announce major asset restructuring
Anyang Iron and Steel in central China’s Henan province will announce a major asset restructuring within 30 days of 22 September, it has told the Shanghai Stock Exchange where it is listed. Trading of the company’s stock has been suspended since 15 September.
The company gave no indication of what the restructuring could involve, but says it will update the market on a weekly basis until its shares resume trading, Kallanish hears.
Prior to…
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Anonymous
Very good overview of the weekly steel market.
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