24
May
05:19
Chinese steelmakers predict profit for first half-year
Chinese steelmakers are reporting positive performance forecasts for the first half of 2018. Shagang, Anyang Iron & Steel and Sangang Minguang all expect an increase in net profits or operating revenues, Kallanish notes.
Shagang expects net profit to increase by 140-190% year-on-year in the first half of the year. The company said that the price of steel products has remained at a high level, showing a large increase compared with the same period of last yea…
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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