The steel trade industry this year has been difficult to constantly. However, due to long ago, the steel trading business, has just announced that the bank its "pumping credit" the pressure has eased, this changing situation is still beyond the industry had expected.
 
Bank insiders told reporters that the reason why the collective will of many enterprises to court, an important reason is that they take the form of HSP risk. Industry risk UNPROFOR become empty words, banks can only be "packaged" appealed.
 
Shanghai Steel Trade Circle "big brother" involved in a lawsuit
Take the lead in Big Brother as the steel trade circles, the Shanghai Steel Service Industry Association president Zhou Huarui almost but also because of joint and several guarantee drawn into the lawsuit.
 
According to the Shanghai court hearing announcement published information, including day exhibition Iron and Steel Co., Ltd., Shanghai Wai Kam Rolled Steel (Group) Co., Ltd., including a number of steel trade enterprise opt to court, the plaintiff is Everbright Bank Shanghai Jinshan Branch of Minsheng Bank, Shanghai Branch, Hangzhou, Shanghai Branch of the Bank of three banks. Prosecution of the reasons are financial loan contract disputes. The above cases are concentrated in the August public hearing.
 
Among them, Zhou Huarui own "first Steel City Market Corporation, out there in the defendant directory. The first steel city known as the most complete steel trade park, the first iron and steel Exchange industry.
Reporters yesterday, the Shanghai Pudong New Area People's Court civil ruling and Minsheng Bank, Shanghai Branch, note the two documents. The documents show that Zhouhua Rui and his company court case in May 18, 2011, the borrower Lv Jinhua Minsheng Bank loan of 3 million yuan, loan period of 12 months, including six enterprises, including the first Steel City and Zhou Huarui I individuals, to provide a joint guarantee responsibility.
 
Bank in Lv Jinhua loan after the expiration of collection no avail, with the Borrower and the other UNPROFOR court.
 
But the bank could ignore the weeks previously with the bank agreement, will deposit into the bank account, the bank not to prosecute. Therefore, the Minsheng Bank subsequently withdrew the proceedings of the first Steel City and weeks I. Just successfully "shelling" out of this company. The other defendants are still facing a lawsuit the test.



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