Sichuan Province-based Xichang Mining Co., a subsidiary of Chongqing-based Chinese steelmaker Chongqing Iron and Steel (Group) Co., has announced that it has decided to issue short-term bonds on April 17 worth a total of RMB 150 million ($24.12 million), with the bonds due to mature after 365 days. The Industrial and Commercial Bank of China (ICBC) will be the lead underwriter. The payment deadline for the bond issue is on April 19, 2013.