13
Feb
05:32
Xilin Steel turns a profit following reorganisation
According to a recent Jianlong Group announcement, Xilin Steel posted profits in 2018 after its bankruptcy and restructuring. The Xilin Group achieved sales revenue of CNY 10.2 billion ($1.5 billion) and profits of CNY 577 million last year, Kallanish notes.
The Group's technological transformation project in 2018 involved an investment of CNY 194m. The new concentrating plant began trial production in May 2018, and produced a total of 65…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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