02
Mar
21:46
Shagang listed company's profit narrows in 2019
Chinese steelmaker Shagang's listed company report for 2019 to the Shenzhen Stock Exchange shows that the company saw a year-on-year decline in both revenue and net profit last year. Shagang's listed arm mainly includes Huaigang with around 3 million tonnes/year of steel capacity, but not Shagang's main steelworks in Zhangjiagang, Kallanish notes.
In 2019, Shagang achieved operating revenue of CNY 13.475 billion ($1.94 billion), a fall of -8.…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous