20
Aug
08:55
Zibo Zhengjin Special Steel declares bankruptcy
The Intermediate People’s Court of Zibo City in Shandong has declared Zibo Zhengjin Special Steel bankrupt, Kallanish notes from the National Enterprise Bankruptcy Information Disclosure Platform.
Zibo Zichuan Rural Commercial Bank applied for bankruptcy liquidation of Zibo Zhengjin due to the company being unable to repay debts. Zibo Zhengjin has been involved in 80 claims against its debt which totals CNY 56.8 million ($8.2m). Zibo Zhen…
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Anonymous
Very good overview of the weekly steel market.
Anonymous