China Steel GDR upsized to $743 million

Together with a 10% tranche of common shares sold to employees, the Taiwan steel manufacturer raises a total of $826 million.

<div style="text-align: left;"> China Steel Corp is Taiwan's biggest steelmaker </div>

Anette Jönsson

July 28, 2011

China Steel Corp, Taiwan’s biggest steelmaker, has raised $743.5 million from a sale of global depositary receipts that was upsized by 8% due to good demand.

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