05
Dec
06:56
Sangang expects increased steel output for 2017
China’s Fujian Sangang Group estimates in 2017 its total steel output could reach 11 million tonnes, up around 5.9% from last year. Over January to November Sangang achieved CNY 45.14 billion ($6.82 billion) in sales revenue and it estimates the annual total will hit around CNY 49 billion, Kallanish notes.
Sangang's listed company report shows it returned to profit last year, and earned CNY 1.75 billion in attributable net profits in the firs…
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Anonymous
Very good overview of the weekly steel market.
Anonymous