25
Jan
06:35
Wugang's non-steel business registers profit in 2016
New Wugang Group earned CNY 18 million ($2.62m) in profit last year while achieving CNY 74.4 billion ($10.85 billion) in business revenue, according to Baowu Group. New Wugang Group, which is mainly made up from the non-steel businesses of the Wugang Group, aims to achieve CNY 36 billion in revenue and CNY 500 million in profit this year, Kallanish notes.
In H1 2016 the Wugang Group, including the listed Wisco, earned CNY 703 million in …
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Anonymous
Very good overview of the weekly steel market.
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