17
Apr
02:32
Nangang's first-quarter revenue rises, exports surge
Nanjing Iron & Steel's (Nangang) steel output declined in the first quarter of 2020 but revenue increased, the steelmaker has reported to Chinese media. The steel mill's export orders from January to May have already equalled last year's total order volumes, Kallanish notes.
During the reporting period, Nangang's crude steel output increased by 2.6% year-on-year to 2.81 million tonnes but finished steel output declined by -6.5% to 2.36mt. …
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Very good overview of the weekly steel market.
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