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05 Dec
00:00

Sinosteel changes leadership amid restructuring rumours

Major Chinese state-owned steel trader Sinosteel has announced changes to key executive positions, which follow on from previous changes at the troubled firm. Rumours of financial difficulties have been followed recently by talk of restructuring and job layoffs, Kallanish observes. Liu Andong has been confirmed as the company’s new party secretary and deputy general manager, while Xu Siwei is deputy party secretary and general manager. Jia Baojun, the …
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