15
Nov
14:31
G Steel petitions to enter business rehabilitation plan
G Steel Public Co Ltd has submitted on 14 November a petition requesting that it embark on a business rehabilitation plan to Thailand’s Central Bankruptcy Court, Kallanish notes. The plan is needed because the company was unable to repay its debts to creditors and to prevent the company from becoming bankrupt, the company informed the Stock Exchange of Thailand.
G Steel has seven main trade creditors, including Cargill International Trading, with total deb…
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Anonymous
Very good overview of the weekly steel market.
Anonymous