Why Delong struggling, but Tsingshan expanding?

Why did Jiangsu Delong Nickel Industries end up on the brink of bankruptcy and is selling its assets while Tsingshan Holdings continues to grow and dictate terms to the entire industry in the region?

This question naturally arises for many market insiders who have increasingly heard about the situation surrounding the second-largest Chinese stainless steel producer with facilities in China and Indonesia. Despite the apparent similarity between the two giants, their businesses are built completely differently. These differences begin from the moment the two companies were founded and also from their emergence in Indonesia. Continue Reading? Please click box below!