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15 Aug
04:27

Jianlong pushes Haixin into profit

Shanxi Jianlong Iron and Steel, previously named Haixin Iron and Steel Group in China’s Shanxi province, has reversed its previous decline and turned a profit in the first month after resuming significant production levels. Last year, Beijing Jianlong Group took Haixin Iron and Steel over and renamed it Shanxi Jianlong Iron and Steel, Kallanish notes. With an estimated 1.6 million tonnes/year of construction steel capacity now operational, it has achi…
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