A London arbitral tribunal had previously awarded substantial damages to ship owner Loki Owning Company Ltd, which alleged that HFW's client,
Chinese steel company Jiangsu Shagang Group Co Ltd, had guaranteed the performance of a time charter contract.
Following
Chinese steel company Sinosteel's announcement that it had secured majority control in iron ore miner Midwest Corporation last week, questions have been raised regarding the potential of future acquisitions of WA mining companies.
Not exact matches
Newly listed diversified Australian resources
company Apollo Minerals Ltd has confirmed that
Chinese Iron and
Steel Grouphave taken a 3.9 per cent stake in the
company and is looking to increase its stake to 19.9 per cent.
American producers claim that
Chinese companies shipped
steel through Vietnam to avoid tariffs.
HONG KONG — For
Chinese banks, the decision to lend to
companies like Bohai
Steel was for years a no - brainer.
It will force
companies to stop investment cycles or fill their quota of
Chinese steel which they currently do not.
While that may have stopped American
companies from importing some
Chinese steel products, that doesn't necessarily mean they are now buying American
steel.
Chinese government subsidies have allowed its
companies to sell
steel for less than their true production costs.
Until now no - one has seriously considered FMG as a candidate for merger and acquisition activity, except as a target for a bigger
company such as Brazil's iron ore giant, Vale, or a big
Chinese steel mill.
HFW's client,
Chinese steel trading
company Sinocore International Co Ltd, had agreed to sell $ 1.2 million of rolled
steel coils to RBRG Trading (UK) Ltd in 2010.
A coworker was recently complaining to me that there are restrictions on types of
steel American companies can call «Stainless Steel» when marketing products (for example, outdoor grills) and that Chinese companies are exempt from these restrict
steel American
companies can call «Stainless
Steel» when marketing products (for example, outdoor grills) and that Chinese companies are exempt from these restrict
Steel» when marketing products (for example, outdoor grills) and that
Chinese companies are exempt from these restrictions.
For instance, in 2016,
Chinese company iMCO launched a crowdfunding campaign for CoWatch, a stainless
steel, round - faced smartwatch that had integration with Alexa.