01
Mar
06:39
Nangang keeps output steady after profitable 2016
Nanjing Iron & Steel (Nangang) returned to profit in 2016, according to its annual report. It still plans to keep production stable in 2017 however, as it is remains conservative with its outlook on the steel market for this year, Kallanish notes.
Nangang Group earned CNY 143.08 million ($20.83m) in net profit in 2016. Its listed company meanwhile achieved CNY 24.17 billion in operating revenue and CNY 353.74m in net profit attributable to sha…
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Anonymous
Very good overview of the weekly steel market.
Anonymous