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14 Aug
09:01

Angang earns $273m in H1

Anshan Iron & Steel (Angang) estimates net profit across the whole group totalled CNY 1.82 billion ($272.97 million) over January to June, CNY 1.52 billion more than the same period last year, according to People’s Daily. Over the same period Angang produced about 16.95 million tonnes of crude steel, up by 3.61% year-on-year, Kallanish notes. Angang is restructuring its group assets, targeting a balance in terms of income of 60% steel bu…
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