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Tianjin Steel Pipe to be publicly traded

Tianjin Steel Pipe to be publicly traded

Write: Stowe [2011-05-20]

Tianjin Steel Pipe, China's largest seamless pipe producer with 24 subsidiaries at home and abroad, is planning to issue no more than two billion A shares on the Shanghai Stock Exchange to raise 6.24 billion to 6.74 billion yuan for projects such as structural adjustments, capacity expansion, fuelling liquidity and debut repayment.