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13 Jun
07:19

CCCME announces private Chinese steelmaker ranking by profit

China’s Chamber of Commerce for Metallurgical Enterprises (CCCME) has announced rankings for private steelmakers by operating profit over January to April. Shagang was the most profitable with CNY 2.96 billion ($436 million) in profit, more than double that of Shandong Rizhao in second place. Kallanish has calculated the companies' respective steelmaking profit per tonne based on crude steel output over the first four mont…
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