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12 Jul
13:08

First-half performances diverge for two Chinese steelmakers

Two Chinese steel producers Liugang Group and Jiuli Special Materials have announced their respective operating reports for the first half of 2019. Liugang's profit fell sharply year-on-year, but special steel producer Jiuli Special Materials expects its net profit to increase on the same basis, Kallanish notes. Liugang's output of iron, crude steel and finished steel in the first half of this year was 6.1 million tonnes, 6.5mt and 8.1mt&n…
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