22
Aug
01:00
Chinas first major national private investment fund could target steel
China Minsheng Investment, the first major Chinese national investment fund to be privately owned, was establish in Shanghai on Thursday last week with a registered capital of Yuan 50 billion ($8.1 billion). The fund is reportedly aiming to invest in the troubled steel, photovoltaic and shipbuilding industries.
Although there is no formal relationship between the two companies, the Chairman of the fund will be former Minsheng Bank chief executive Dong Wenbia…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous