Chinese steel industry had been poor in profiting for long due to overcapacity and market downturn. To make it worse, cash shortage was spreading from steel traders to steel mills recently. It was reported that some mill in Jiangxi Province was immersed in the situation that capital catenary ruptured and the boss had run. According to recent survey, many small and medium-sized mills were eager for cash. It was predicted that capital shortage in steel industry would be normal and the industry reshuffle would tensify soon.
Chinese |
English |
Management
Capital Shortage in Chinese Steel Industry might Be Normal
Source： Time：2013-06-28 10:04:02 views：
Related News
- Chinese APT And FeW Quotation Keep Steady
- Weekly Comments Cored Wire Market
- Dow Corning Reports Sales and Profits for Fourth Quarter and...
- The Foreign Investment in the Iron and Steel Industry
- More MnSi Factory to Shut in China as Prices Drop
- Rare Earth Minerals Confirm Lithium Discovery in Mexico
- Tata Steel to Start Operations at Chromite Mines soon
- Silicon Prices Slip, but Cause Unclear
- Economy in 1H 2013 Presents Five Bright Spots
- Japan’s Ferrosilicon Import Dropped by 4.6% in H1 of 2015
|