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....





Latest Pricing Trends

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events