25
Sep
07:59
Dongbei Special Steel funds Fushun reorganisation
Fushun Special Steel reported to the Shanghai Stock Exchange on 21 September that the company will receive at most CNY 900 million ($130m) from its shareholder Dongbei Special Steel. On the same day, Fushun Special Steel's listed company resumed share trading, Kallanish notes.
Dongbei Special Steel will firstly inject CNY 300m into Fushun Special Steel. It holds 38.22% of Fushun Special's shares, and is the biggest shareholder. Dongbei Special Steel…
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Anonymous
Very good overview of the weekly steel market.
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