29
Jun
06:31
Shagang estimates $4.39 billion profits in first half
China's Shagang Group estimates in the first half of 2017 the group's net profit could reach CNY 30 billion ($4.39 billion), according to a company release. In full year 2016 Shagang achieved around CNY 50 billion in profit, Kallanish notes.
On 27 June the county Party secretary of Shanxi province's Wenxi county, home to Shanxi Jianlong Steel, (formerly Shanxi Haixin Iron & Steel), visited Shagang Group with local officials and Shagang vice-…
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Anonymous
Very good overview of the weekly steel market.
Anonymous