19
Oct
04:27
Chinese mills estimate positive third quarter results
More than a dozen Chinese steel companies have reported strong performance estimates for the third quarter, according to notices on the Shanghai and Shenzhen Stock Exchange (see table below). The eleven listed steelmakers below, plus Liuzhou Iron & Steel and Hunan Valin already reported, all expect a sharp improvement in results for attibutable net profits over Q1-Q3. This is mostly due to effective supply-side reform and the recovering domestic …
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Anonymous
Very good overview of the weekly steel market.
Anonymous