01
Nov
02:09
Tongshan Liguo Steel plans auction date
The asset manager of bankrupt Tongshan Liguo Iron & Steel has announced an auction from 14 November to 15 November. The company will sell off its capacity quotas through the Taobao platform, Kallanish notes.
It plans to sell quotas for 1.2 million tonnes/year of iron capacity and 1.7m t/y of steel capacity, with an estimated value of CNY 1.77 billion ($251.64 million). The steel mill has a 550m3 blast furnace, a 450m3 blast furn…
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Anonymous
Very good overview of the weekly steel market.
Anonymous