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25 Jul
09:28

Delong Nickel enters bankruptcy reorganization

The People's Court of Xiangshui City in Jiangsu Province issued a pre-selection announcement for the bankruptcy reorganisation administrators of Jiangsu Delong Nickel Industry and its subsidiaries on the evening of 24 July. This confirms market rumours that the Chinese stainless steel giant is facing operational difficulties. The announcement, issued by the court, states that the bankruptcy reorganisation of Jiangsu Delong Nickel Industry, Xiangshui Hengsheng …
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