26
Mar
00:00
Guangdong special bar roller to be dismantled by creditors
Guangdong Jinxing Heavy Industry, which trades in English as Guangdong Smith Home Heavy Industry, has reached a deal to give control of its assets to creditors, according to local media. The company, which supplied the automotive industry, had been hit by weak demand from its partners, Kallanish understands.
Smith Home produced around 250,000 tonnes/year of special steel bars of various grades from C45 to automotive grade for its partners, as well as around …
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Anonymous
Very good overview of the weekly steel market.
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