13
Sep
08:06
Hebei private steelmakers' profits surge in July
Total profits earned by Hebei’s private steelmakers in July have risen to their highest monthly value since 2015. The companies posted profits of CNY 8.31 billion ($1.27 billion) or CNY 3.03 billion more than in the most profitable month in 2016 (CNY 5.28 billion), according to the Hebei Metallurgical Industry Association.
Over January to July Hebei private steelmakers produced 82 million tonnes of crude steel and saw CNY 29.82 billion in profits, up by 1.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous