28
Jan
00:00
Sangang boosts production, profits
Southeast China’s Sanming Iron and Steel Group (Sangang) has reported a jump in net profits in 2014 to Yuan 194.7 million ($31.73m). The group also saw crude steel production grow to 9.21 million tonnes as it consolidates its position as the province’s dominant steelmaker, Kallanish notes.
The increase in production from 8.22mt in 2013 to 9.21mt last year would put the company’s growth at around 12%. This is well ahead of the rest of the in…
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Anonymous
Very good overview of the weekly steel market.
Anonymous