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25 Jul
05:35

Anyang first half steel output and profits dip

China’s Anyang Iron & Steel Group has seen its output dip over January to June to 4.39 million tonnes of pig iron and 4.55mt of crude steel, down by -23.26% and -18.82% year-on-year respectively. This was due to environmental production restrictions, the company says. The group achieved CNY 54.67 million ($8.09m) in profits in the first half of 2017. This was lower than the CNY 94.41m in attributable net profit reported by its listed arm in H…
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