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29 Apr
15:21

Tewoo completes restructuring with Rockcheck

Tianjin Materials Industry Group (Tewoo), a state-owned company in Tianjin, has completed its reorganisation after nearly two years of being in default. The new investor introduced is Tianjin's leading private steel company, Rongchen Group (Rockcheck), Kallanish notes. Rongcheng Group has completed a strategic reorganisation of Tewoo’s trading segment, and launched a new smart supply chain integrated service platform named Tianjin Rongcheng Materials Gro…
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