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(updated at weekends)
Former (or subsequent) names


Shareholder links
Our website ranking of CNH: rating 3
(3 out of 5)


Computershare Brisbane
Level 1, 200 Mary Street Brisbane QLD 4000
Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 7 3229 9860
RegistryWebsite RegistryEmail

Company details
Address: c/- Thomsons Lawyers, Level 16, Waterfront Place, 1 Eagle Street, BRISBANE, QLD, AUSTRALIA, 4000
Tel:  +65 62665967 Fax: +65 62682447

Date first listed: 29/02/2008

Sector: Materials
Industry Group: XMJ
Activities: Nickel Pig Iron producer for the domestic Chinese market.

company deregistered today


delisted following failure to pay annual listing fees in respect of the year ending 30 June 2013


lodges form for the share cancellation and return of capital


The Board of China Steel wish to advise that there has been a delay in completion of the restructure of Reservoir Star as a result of a delay in receipt of various government approvals. Reservoir Star anticipate that the restructure of Reservoir Star will be completed by April 2012. Given the delay in the Reservoir Star restructure, the re-admission timetable contained in the Notice of Meeting at paragraph 3.11 will be delayed by approximately 2-3 months


releases amended dates for the share cancellation and return of capital


all resolutions (inter alia Disposal of Main Undertaking, Capital Reduction and Cancellation-AUD$0.03426 per Share-, Related Party Benefit, Return of Capital to Shareholders) considered at three meetings of the company today were passed on a show of hands


the Board of Directors of China Steel Australia Limited (China Steel) wish to inform the market that one of its shareholders, China Powerplus Limited (Powerplus) lodged an announcement with the Singapore Exchange (SGX) on 22 November 2011. This announcement relates to the intention of Powerplus, Jadefield Group Limited (Jadefield) and Ms Zhang Guangxia to negotiate for the acquisition of the business and assets of China Steel. The Board of China Steel wish to inform China Steel shareholders and the market that it is currently considering the proposed terms and the most effective way to implement a reconstruction of China Steel with the aim of divesting its current main undertaking, Linyi Yilida Steel Mill Co. Ltd, acquiring a new main undertaking and seeking re-quotation of its shares on the ASX


releases financial report for year ended 30 June 2011


CNH advise that the Consolidated Financial Statement for the year ended 30 June 2011 will be delayed for lodgement due to the unfavourable operating environment of our business, Linyi Yilida Steel Mill Co. Ltd ("our subsidiar"). Upon the completion of the audit process, the Company will release the Financial Report and notice of Annual General Meeting. It is anticipated that these tasks will be completed in the short-term and the Board will keep shareholders informed of any new development


CNH today announced that it expects its year end results will reflect impairment charges related to its Blast Furnace Facility 2 ("Plant 2"). This involves the write down of the total carrying amount of Plant 2 construction in progress which had a carrying value of $48.9 million as at 31 December 2010 - no progress has been made on Plant 2 and the plant has been idle since 9 December 2008 as CNH has been unsuccessful in raising the required funds for its completion - our independent directors had resigned and CNH is still searching for replacement of directors


releases Half Yearly Report - the company reports a net profit of $1.89 million for the six months to December, compared with a loss of $978,000 for the previous corresponding period


the company's subsidiary has received a court summons dated 12th January 2011 from Linyi Municipal People's Court ("the Court") - this is in relation to a construction contract dispute with its contractor - Hebei Metallurgical Construction Group Co. Ltd ("Hebei") for the amount of RMB39.07 million and interest - however, in December 2010, our subsidiary has paid an amount of RMB30million to Hebei - a representative from the subsidiary is required to attend the court hearing on 4th March 2011 at 10 a.m. - subsidiary is negotiating with Hebei for a settlement plan prior to the Court hearing - however, during the Court hearing, the Court will act as facilitator for the negotiation - the settlement could be via an instalment payment scheme or a deferred payment plan - if a settlement could not be reached, the most unfavourable outcome would be the seizure of the assets of the Company by the Court for the protection of the subsidiary's creditors


the securities of China Steel Australia Limited (the "Company") will be suspended from quotation immediately, pending the release of an announcement/s providing clarification regarding the temporary cessation of production at its Linyi plant and its corporate governance arrangements


the suspension of trading in the securities of China Steel Australia Limited (the "Company") will be lifted immediately, following receipt of an announcement regarding the outcome of discussions in respect of a potential capital raising


the securities of China Steel Australia Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement of an equity raising via a share placement

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    Directors' on-market share transactions (last 5)


    Click here for the last 20 transactions all companies

    Directors & Executives (current)
    Xue YongwenNon Exec Chairman03/09/2008
    Chen LidongCEO, Executive Director01/10/2004
    Chung CheungNon Exec Director29/11/2011
    Paul WongNon Exec Director11/01/2012
    Brian HoNon Exec Director29/11/2011
    Leanne RalphCompany Secretary

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    Date of first appointment, title may have changed.