30
Sep
05:56
Dongbei Special Steel receives bankruptcy notice from court
Fushun Special Steel, a subsidiary of state-owned Dongbei Special Steel, has announced to the Shanghai Stock Exchange that it is not involved in the bankruptcy reorganisation of its parent. According to the announcement, Dongbei Special Steel received a court notice for a review of its debt restructuring on 29 September, Kallanish notes.
Last week Dongbei Special Steel defaulted on a repayment on 2015 short-term financing …
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Anonymous
Very good overview of the weekly steel market.
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