07
May
10:01
BHPB predicts Chinese steelmakers will stay profitable
BHP Billiton expects Chinese steelmakers to remain profitable and it believes this will keep in place a premium for its products. Rival FMG meanwhile argues that as profits slide, mills will increasingly turn to its lower grade products, Kallanish notes.
Nominal Chinese steelmaker profits peaked in December 2017 and pulled back at the start of the year. BHPB chief commercial officer Arnoud Balhuizen believes however that steelmaking margins will be sustained. &l…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous