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11 Sep
04:45

Yunnan Yongchang seeks investors for restart

China’s Anning Yongchang Iron & Steel is looking for investors after its financing chain broke down and the steelmaker was once again forced to halt production, Kallanish notes. Potential investors can register their interest from 11 to 18 September. The debtor corporations include Yongchang Iron & Steel, Yongchang Trade Company and dozens of their subsidiaries. Yongchang Iron & Steel produces both iron ore and steel, h…
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