Noble’s Carbon Steel Materials business focuses on providing raw materials to the steel manufacturing industry and encompasses iron ore, chrome ore and concentrate, manganese ore, metallurgical coal and metallurgical coke.

I guess the lenders will be the new boss.

 https://www.bloomberg.com/news/articles/2018-01-29/rags-to-riches-tale-ends-in-disaster-for-noble-group-s-elman

Noble's lenders have 70% of the company...

http://splash247.com/noble-reaches-deal-creditors/

https://www.bloomberg.com/news/articles/2018-01-30/noble-group-isn-t-going-to-zero-as-shares-yo-yo-on-debt-deal

The Hong Kong-based trader announced the deal to restructure $3.5 billion in debt on Monday, averting bankruptcy. After a three-year crisis marked by losses, writedowns and controversial accounting, the agreement will see half of that debt -- about $1.7 billion -- switched into new equity. If approved, creditors will be handed 70 percent of the shares, while management obtains as much as 20 percent and current shareholders, including founder Richard Elman and China’s sovereign wealth fund, get just 10 percent.