14
Jan
04:43
Sangang Group's revenue rises, costs fall
Sangang Group saw a decline in operating costs while achieving a rise in operating revenue in 2018, according to reports local paper Sanming Daily. In 2018 Sangang achieved a total of CNY 57.281 billion ($8.42 billion) in operating revenue, an increase of 12.27% over 2017, Kallanish notes.
Sangang Group's crude steel output last year was 11.682 million tonnes, an increase of 4.36% year-on-year, the company says. The rising operating incom…
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Anonymous
Very good overview of the weekly steel market.
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