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.
According to a report in the Shanghai Security News, the country has shelved plans to develop new steel projects in the Bohai and Yangtze River Delta regions but will include it in a soon-to-be-revealed five-year plan for the steel industry. China will