15
Mar
08:30
Fushun Special warns of possible delisting
China’s Fushun Special Steel has warned the Shanghai Stock Exchange that it may require a halt in share trading or even delist due to ongoing issues with fraudulent inventory data, Kallanish notes. The steelmaker was previously a subsidiary of the bankrupt Dongbei Special Steel Group.
Fushun said late on 14 March that it is currently undergoing an audit. This is being conducted by its new owner, an investment firm controlled by Shagang's…
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Anonymous
Very good overview of the weekly steel market.
Anonymous