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Dongbei Special Steel unable to make repayment on bonds
Chinese steelmaker Dongbei Special Steel was unable to make a repayment on September 26 on the third issue of its short-term bonds issued in 2015.
Bengang Group inks framework agreement with Chery
Chinese steelmaker Bengang Group has inked a strategic framework agreement with Anhui-based company Chery Automobile Co., Ltd (Chery).
China’s industrial enterprises’ gross profit up 8.4 percent in Jan-Aug
In January-August this year, the aggregate gross profit of large and medium-sized industrial enterprises in China rose by 8.4% year on year.
Iron ore inventory decreases at Chinese ports
As of September 26, inventory of iron ore at 33 major Chinese ports amounted to 93.75 million mt, down 1.86 percent week on week.
US DOC revises AD duties for Korean HRC