19
Oct
08:07
Chonggang auction ends with no bids
The public online auction of assets of the heavily-indebted Chongqing Iron & Steel (Chonggang) ended with no bids. The creditor responsible says the restructuring process will not be influenced and there will still be public auctions selling Chonggang assets, Kallanish notes.
Chonggang’s major steelmaking plant, equipment and land was awaiting bids on the People’s Court Litigation Assets Website over 16-17 October but the auction ended with …
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Anonymous
Very good overview of the weekly steel market.
Anonymous