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22 Aug
05:17

China’s steelmakers turn losses into gains

Clinging to rising prices, some chinese steelmakers are turning losses into profits this year. Although each company talks about increased efficiency, the profits are mainly the result of rising prices, Kallanish notes.  Gansu Jiugang Hongxing Company, Jiangxi Fangda Special Steel, Hubei Daye special Steel, Zhejiang Yongxing Special Stainless Steel, Fujian Sanming Iron and Steel Group (Sangang) and Anyang Iron and Steel all recently published…
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