01
Jun
11:31
Rizhao Steel's parent company posts strong profits
Jinghua Rigang, the parent company of Rizhao Iron & Steel, has earned profits of CNY 360 million ($57m) in the first four months of 2018, according to market sources. It is estimated that it is booking around 9,000 orders every month, supporting high production at its new endless strip production (ESP) line, Kallanish notes.
The steelmaker produced 5.08 million tonnes of crude steel from January to April 2018, up 1.14% year-on-year. In Ap…
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Anonymous
Very good overview of the weekly steel market.
Anonymous