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.
The long-running struggle between rival oligarchs Oleg Deripaska and Vladimir Potanin for control of Norilsk Nickel, Russia’s biggest miner by market value, is a poor advertisement for Russian corporate governance. Mr Deripaska’s aluminium group Rusal has…