Yalian secures $3.9M credit line

Jun 30, 2011 | 10:33 AM |

Tags  Yalian Steel, Yangzhou Yalian, line pipe, China Merchants Bank

TORONTO — Yalian Steel Corp. has secured a 25-million-yuan ($3.9-million) line of credit from China Merchants Bank.

The Vancouver, British Columbia-based company said the credit will be used as working capital for its wholly owned....

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