24
Apr
02:35
Liugang's profit falls again in first quarter
Liuzhou Iron & Steel Group (Liugang Group) in Guangxi province has released its operating report for the first quarter of 2020. Both finished steel output and income have shrunk, Kallanish notes.
Liugang in total produced 3.16 million tonnes of iron and 3.43mt of crude steel in the first three months of 2020, representing increases of 7.52% and 13.6% year-on-year respectively. Finished steel production however fell by -18.7% y-o-y to 3.14mt. Its…
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Anonymous
Very good overview of the weekly steel market.
Anonymous