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02 Dec
10:14

China's Haixin plans 2016 return to market

Haixin Iron and Steel made headlines in 2014 as the most prominent bankruptcy in the industry but it is now planning a return despite the weak market. New owner Jianlong Group has been conducting maintenance on facilities and is expected to begin producing steel products at the end of February, Kallanish notes. The company aims to produce around 2 million tonnes of finished steel in 2016, mainly construction longs. The company also hopes to start up some flat st…
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