23
Jan
08:03
Angang, Hegang predict profit hike
The Shenzhen Stock Exchange-listed companies Ma'anshan Iron & Steel and Hebei iron & Steel have recently released forecasts of higher profits for 2018. The sharp rebound in steel prices witnessed last year meant almost all steelmakers have seen profits rise, Kallanish notes.
Angang expects total profit in 2018 to reach CNY 10 billion ($1.474 billion), an increase of 58% from 2017. Net profit attributable to shareholders is also ex…
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Anonymous
Very good overview of the weekly steel market.
Anonymous