Xinjiang Jinte Iron & Steel Applies For Bankruptcy Reorganization

- Jan 30, 2019-

It's reported that the intermediate People's Court of Bayingol Mongolian Autonomous Prefecture in Xinjiang has accepted XinJiang Jiante Iron & Steel's applicetion for bankruptcy recorganization. Due to failure in repaying the debt of about RMB3.017 billion with its total assets of about RMB 2.432 billion and in order to activate its assets,Jinte Iron& Steel submitted the application to the court.

Jinte Iron & Steel owns a complete production system, including mining,dressing, pelletizing,sintering, ironmanking, steelmaking ,steel rolling and main processes of nodular cast iron pipe, as well as raw material supply, power supply,railway transportation,water treatment and other supporting facilities. Currently it mainly produces low-carbon hot -rolled wire rod,hot-rolled ribbed bar,hot -rolled plain round bar,rebar,centrifugal nodular cast iron pipe and so on.

Cangzhou Steel Pipe Group (CSPG) Co., Ltd

Cangzhou Steel Pipe Group (CSPG) Co., Ltd. is a large-sized, key metallurgic enterprise of Hebei Province in North China, whose history dates back to 1994. CSPG currently em/paces six member companies with products varying from SSAW, LSAW, ERW, seamless steel pipes to 3PE pipes, galvanized pipes, casing pipes, etc. A Joint-stock corporation, CSPG occupies an area of 600,000 square meters with a total asset of $530 million.

Specialized in the production of straight welded pipe spiral pipe galvanized pipe 3PE/3PP/FBE/TPEP internal and external epoxy powder internal and external epoxy resin cement mortar two cloth three oil buried pipeline IPN8710 non-toxic drinking water internal and external plastic coated lining plastic and other anti-corrosion pipe fittings for oil and gas pipeline water conservancy projects

Executive standard :DIN30670 DIN30678 CSA Z245 AFNOR nf49-710/711 NACE rp0394/0490 AWWAC 210/C213GB/T9711 API 5L ISO 3183Material: Q235B/Q355BGR A GR B x42-x80 l245-l555


Business scope: 21.3mm-3620mmLSAW submerged arc welded pipe 325-2020mmERW straight welded pipe 6mm-711mmSMLS seamless tube 10-1120mmSSAW spiral steel tube 219-3620mmDemand for quality suppliers and partners