15
Jan
03:41
Liugang, Anyang profits soar in 2017
Southern China’s Liuzhou Iron & Steel (Liugang) estimates its net attributable profits in 2017 reached around CNY 2.25 billion-2.57 billion ($347.54 million-396.97 million), surging 1,148-1,311% year-on-year.
Northern China’s Anyang Iron & Steel also estimates that its profits soared last year to around CNY 1.55 billion-1.75 billion, an increase of 1,158-1,320% y-o-y, according to its note on the Shanghai Stock Exchange.
Both companies att…
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Anonymous
Very good overview of the weekly steel market.
Anonymous