20
Jul
06:20
Fujian Jindaxin Steel declared bankrupt
The People's Court of Zhangping City, Fujian Province accepted last week Zhangping Fushan Industrial Park Development & Construction Company’s application to declare bankrupt and liquidate Fujian Jindaxin Iron and Steel.
Fujian Jindaxin Iron and Steel announced a 2 million tonnes/year capacity special steel project in October 2010. With a total investment of CNY 7.2 billion ($1 billion), the two-phase project was to occupy an area of about 3,400 ac…
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Anonymous
Very good overview of the weekly steel market.
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