19
Mar
07:07
Angang profits improve while debts decline
Anshan Iron and Steel (Angang), the listed arm of Anshan Iron and Steel Group, saw profits as well as production increase steadily in 2018, while assets and debts shrank, Kallanish notes.
According to its 2018 report, Angang produced 24.788 million tonnes of iron, increasing 2.66% year-on-year. It also produced 26.15mt of crude steel and 24.13mt of finished steel, increasing respectively by 5.12% and 5.24% y-o-y. The sales volume of finished steel, 24.10mt&…
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Anonymous
Very good overview of the weekly steel market.
Anonymous