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18 Oct
08:23

Valin, Liugang estimate positive third-quarter earnings

China’s Hunan Valin Iron & Steel and Liuzhou Iron & Steel (Liugang) have issued their third quarter performance estimates on the Shenzhen Security Exchange and Shanghai Security Exchange respectively. Both reported strong increases in estimated profits, thanks to the good market environment and improved internal management, Kallanish notes. Valin produced 11.03 million tonnes of iron and 12.65mt of crude steel over January to September. Over t…
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