24
Feb
08:42
Baowu and Shagang detail impacts of epidemic
Chinese steelmakers Baowu and Shagang have revealed further information on the impact of the Wuhan epidemic on the groups' operations at a press conference organised by the China Iron & Steel Association last Saturday. The main impact is that the government's restrictions on transport have led to tight supply of raw materials and poor sales. The steel mills' output and profits are therefore expected to decline in the first quarter, Kallani…
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Anonymous
Very good overview of the weekly steel market.
Anonymous