Yan Zesheng becomes first executive to be probed in massive collapse of state-owned steel behemoth

Commodities trader Tewoo put on negative watch due to liquidity concerns as city presses ahead with reforming its debt-ridden SOEs

Reorganization has raised hopes that creditors will be able to recover some of $36 billion that the sprawling company owes. But some wonder if the plan can succeed

Tianjin-owned Bohai Steel would be broken up with Delong Holdings taking steel assets and China Cinda taking others