10
Feb
08:58
Anyang halts its losing streak, makes 2016 profit
In 2016 Anyang Iron & Steel Group produced 10.66 million tonnes of iron and 10.48mt of steel, according to Anyang City TV. The inland steelmaker has also ended five years of losses, achieving CNY 3.7 billion ($539.09 million) in sales income and CNY 110m in profit last year, Kallanish notes.
Anyang’s non-steel sector has achieved CNY 12.3 billion in operating income and CNY 48.3 million in profit, accounting for 43.9% of the group total. Based on …
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Anonymous
Very good overview of the weekly steel market.
Anonymous