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after 6 month, many banks including,,[link widoczny dla zalogowanych],,[link widoczny dla zalogowanych], have made varying degrees of "allowing more profits" commitment to the steel trade loan.
this year at the beginning of 6, Zhou Ning from the Shanghai chamber of Commerce issued "an open letter" to commercial banks,[link widoczny dla zalogowanych], and calls for banks to "do not receiving leader",[link widoczny dla zalogowanych], continue to provide "stable credit scale steel trading business".
UNPROFOR war
Shanghai court issued a notice shows,[link widoczny dla zalogowanych], including, China Everbright Bank,[link widoczny dla zalogowanych], Minsheng Bank,[link widoczny dla zalogowanych], Hangzhou, a number of banks in Shanghai branch or sub branch, the recent focus on the prosecution of a number of steel trading business. The case for "financial loan contract dispute".
Shanghai court network information display, from August 6th onwards, the bank charged more than 20 cases of steel trade operators will be hearing.
the second half of last year, steel prices have dropped. As a middleman between the steel and downstream customers, the steel trade frequently encountered the customer orders,[link widoczny dla zalogowanych], delayed payment in arrears, coupled with the tightening of bank loans, steel trading business capital chain tension. Fujian people in the world are almost Zhouning Shanghai steel trade circle, also not spared.
according to the morning paper reporter understanding,[link widoczny dla zalogowanych], the number of cases the cause is the steel trade fails owing on the loan,[link widoczny dla zalogowanych], the bank will be several joint of steel trade be prosecuted.

"mostly steel trading business from a bank loan, are struggling to support. At a quarterly interest, this kind of thing too much." A person engaged in steel trade industry in Shanghai in August 7th on the Morning Post reporter said, "things accumulated up to now, may have been more serious."
"the June wave loans not on"
Morning paper reporter Hu Sumin
it is worth mentioning that, more than 20 cases of the court case >
many steel trade industry sources, the loan out of every month, but due to the bank for years in June and September, the quarterly examination, is the steel trade loan repayment peak.
is a professional financial media had quoted statistics data, in 2011, the national steel trade loan 1.89 yuan, the same period the national total loans of 54 yuan. The proportion of steel trade loan in the bank loans of up to 3.5%. Among them, Shanghai steel trade financing from banks amounted to 160000000000 yuan.
steel trade business capital chain predicament recrudesce billows.
"if the controllable risk,[link widoczny dla zalogowanych], and in line with the industry policy, we must (put) loan. Our bank to survive, it is to loan out." One of the Everbright Bank insiders yesterday but said.
is estimated in June that "wave of didn't also, bank collection failed, now began to take legal proceedings." A steel trade industry insiders said.
"we have been keeping in touch with the banking regulatory bureau, communication. But now, every case is different, should be treated differently." The source said.
,[link widoczny dla zalogowanych], however, less than two months, things changed again. In the meantime, steel prices slumped again.
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