09
Jul
06:43
More Chinese steelmakers predict first-half profit hikes
Xinxing Ductile Iron Pipes Company (Xinxing Pipe) and Sangang Minguang Iron & Steel (Sangang Minguang) have reported their earnings forecasts for the first half-year to the Shenzhen Stock Exchange. The two steelmakers both predicted a continuous increase in profit compared with the same period of last year, Kallanish notes.
Xinxing Pipe has predicted around 116-141% year-on-year growth in its first-half net attributable profits to around CNY 1…
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Anonymous
Very good overview of the weekly steel market.
Anonymous