06
Feb
06:44
Tsingshan stainless steel output surges in 2017
Tsingshan Iron & Steel Group produced 7.48 million tonnes of stainless crude steel, soaring 28.3% from 2016, according to the Foshan Metal Material Industry Association (FMIA). It achieved CNY 161.5 billion ($25.65 billion) in sales revenue last year, up by 57% y-o-y.
China Stainless Steel Council data show that China produced 25.8 million tonnes of crude stainless steel, Tsingshan’s output in 2017 therefore accounts for around 29% of th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous