11
Apr
10:27
Haixin to restart production in April
Shanxi Jianlong Iron and Steel, previously Haixin Iron and Steel Group in China’s Shanxi province, will restart construction steel production at the end of April, according to a Jiemian News report monitored by Kallanish.
New owner Beijing Jianlong Group has already invested over CNY 3.73 billion ($577 million) into the steelmaker to pay down its debts, says Jianlong Group chairman Zhang Zhixiang.
More than 950 creditors declared that CNY 23.36 bil…
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Anonymous
Very good overview of the weekly steel market.
Anonymous