14
Feb
06:50
More Chinese steelmakers see profits soar in 2017
China’s Nanjing Iron & Steel (Nangang) and Hunan Valin have both reported record highs for net attributable profits in 2017, according to the Shanghai and Shenzhen Stock Exchange, Kallanish notes.
Nangang reported CNY 3.07 billion ($484 million) in net attributable profits in 2017, up by 805% year-on-year. The whole group's crude steel output also grew by 9.3% y-o-y to 9.85 million tonnes over the same period. It also worth noting that th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous