22
Jun
11:04
Dongnan Steel declared bankrupt
Dongnan Special Steel (Dongnan) was declared insolvent on 18 June by the People's Court of Longwan District in Wenzhou city in Zhejiang. The steelmaker was taken to court by scrap supplier Chaoli Metal Scrap Recycling in Ruian city for failure to repay debts, Kallanish notes.
Dongnan is located in Jiantiao Yanjiang Industrial Park in Sanmen County in southeast China’s Zhejiang Province. It contains steel mills, heat treatment plants and mo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous