China stainless steel mogul fights to avoid a second collapse
A debt crisis is threatening the future of one of the world’s top stainless steel producers, Jiangsu Delong Nickel Industry.
Global miner, BHP Billiton, expects steel output in China to continue at current rates, below historical highs, for some time. “When we talk to our Chinese customers there is not a sentiment that the operating rate in the steel industry will improve or