20
Jan
05:37
Shagang enhanced productivity in 2016 says chairman
Shagang produced over 20 million tonnes steel last year with productivity almost twice the Chinese average, according to group chairman Shen Wenrong. Shagang's shares remain under a trading halt as it is processing a big data company acquisition, Kallanish notes.
Shagang Group achieved CNY 198.3 billion ($28.86 billion) in sales income and CNY 5.05 billion in profits in 2016. Shagang produced 1,400t of crude steel per employee in 2016, “... however our…
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Anonymous
Very good overview of the weekly steel market.
Anonymous