28
Apr
06:23
Evergrande announces shortage of funds, suspends production again
Evergrande New Energy Auto has decided to suspend and postpone the production of the Hengchi 5 at its factory in Tianjin due to insufficient funds, Kallanish learns.
Previously, Evergrande paused production at other factories and concentrated resources in its Tianjin factory for effective production. Therefore, the suspension is not only to its Tianjin factory, but also with regard to all its factories.
In terms of when would the production be resumed…
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Anonymous
Very good overview of the weekly steel market.
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