29
Aug
07:43
Angang first-half profits jump, company hikes R&D
Northern China's Anshan Iron & Steel (Angang) has reported its half-yearly results to the Shenzhen Stock Exchange, showing an increase in both profits and output. The steelmaker says that it has put more resources into its research and development function.
The company posted CNY 4.659 billion ($684 million) in total profits in the first half of 2018 and CNY 3.499 billion of net attributable profit, up 149% and 91.9% year-on-year, Kallanis…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous