23
May
08:51
Shougang Casey to auction 40% equity
In the 24 hours from 10am on 28 June, the Intermediate People's Court of Xiamen City, Fujian Province will publicly auction the 40% equity of Shougang Casey Steel held by Fujian Casey Group on the Alibaba Judicial Auction Network Platform, Kallanish notes.
The appraised price and the starting price of the auction are CNY 37.9 million ($5.68m) and CNY 36m respectively. Bidders need to pay a deposit of CNY 7m and transfer all the money within 20 days after winni…
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Anonymous
Very good overview of the weekly steel market.
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