21
Dec
06:41
China's Yida New Materials stops IPO proceedings
The Shenzhen Stock Exchange has announced the recent termination of the initial public offering of Yida New Materials, a company focused mainly on graphite electrodes, Kallanish learns.
The IPO had sought to raise roughly CNY 1.05 billion ($147 million), to be used in a 10,000 tonnes/year special graphite new material manufacturing and processing project. The company said previously the funds would also be allocated towards the upgrade of an R&D centre a…
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Anonymous
Very good overview of the weekly steel market.
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