20
Oct
05:47
Government dominates Dongbei Special Steel bankruptcy process
The Dongbei Special Steel bankruptcy reorganisation looks set to be led by local government, according to Caixin. Creditors worry however that their interests cannot be guaranteed under such conditions, Kallanish notes.
On 19 October, Dongbei Special Steel Group held a bondholders meeting. The company announced a court notice stating that parts of Dongbei Special Steel, Dalian Special Steel and Dalian Rebar and Wire rod would be liquidated and appointing three j…
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Anonymous
Very good overview of the weekly steel market.
Anonymous