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08 May
03:41

Bengang increases revenue but profit slides

Benxi Iron and Steel Group’s (Bengang) production and revenues both increased in the first quarter of 2019, while profit dipped, it reveals in its quarterly report. Meanwhile the group is focussing on developing links between business, research/academic activities and end users, Kallanish notes. In Q1 2019, production of pig iron, crude steel, hot rolled sheet and cold rolled sheet respectively increased by 690,000 tonnes, 640,000t, 520,000t and 70,00…
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