05
Dec
10:23
State enterprise could assume Dongbei Special Steel debt
Dongbei Special Steel’s creditors committee stopped receiving debt claims on 20 November. The group’s debts declarations have reached CNY 70 billion ($10.18 billion) in total, Kallanish notes.
Dongbei Special Steel is the biggest special steelmaker in northern China with 5 million tonnes/year of special steel capacity, mainly focused on military and aerospace products. Dongbei kept investing steadily in its technology from 2008 till 2014 with a …
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Anonymous
Very good overview of the weekly steel market.
Anonymous