November 22, 2008

Tangshan, Handan and Chengde Vanadium halted from trading

Bloomberg reported that Tangshan Iron & Steel Co and its two sister companies shares will be suspended from trading recently pending an announcement about an important asset restructuring plan.'

Tangshan, Handan Iron & Steel Co. and Chengde Xinxin Vanadium & Titanium Co. are all units of Hebei Iron & Steel Group, which was formed in June from a combination of Tangshan Iron & Steel Group and Handan Iron & Steel Group.