23
Sep
01:17
Former Marcegaglia (China) seeks new investors
Eastern China's Yangzhou Guangli Steel Pipe, previously Marcegaglia (China), is currently looking for new investors so that it can restructure, Kallanish notes. Yangzhou Guanghua Machinery Company had renamed the company Yangzhou Guangli Steel Pipe following its acquisition of Marcegaglia (China) at the end of 2018,
Deep in debt, Guangli hopes to openly recruit investors. Public information shows that Guangli had total liabilities of…
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Anonymous
Very good overview of the weekly steel market.
Anonymous