Sinosteel gets IPO ball rolling again

Steel trader expects to complete public float formalities by March

Sinosteel Corp has set the ball rolling for an initial public offering (IPO) of its shares on the domestic bourses this year even as the steel trader looks to expand its global footprint further, said Huang Tianwen, president of the company.

The State-owned firm expects to file the IPO documents before March and get all the required approvals by June, said Huang.