21
Dec
02:59
Bengang aims to double profits in 2019
The latest report from Bengang Iron & Steel predicts the steelmaker's 2018 sales income and profit will be increased by 11.1% and 11.6% year-on-year to CNY 58 billion ($8.41 billion) and CNY 400 million. It is also aiming to double its profit in 2019 to CNY 800m, along with higher production, Kallanish notes.
The company's production of iron and crude steel this year is expected to hit 15.75 million tonnes and 15.85mt respect…
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Anonymous
Very good overview of the weekly steel market.
Anonymous