31
Jan
08:10
Shanshan expects up to 68% hit to its 2023 net profit
Shanghai-listed anode material giant Shanshan estimates its 2023 net profit to be CNY 860 million ($121m) to CNY 1.1 billion, an on-year decline of about 59-68%, Kallanish learns.
“During the reporting period, the sharp drop in lithium carbonate prices and the reduction of graphitisation processing prices have intensified market competition,” explains the company. “The net profit of BASF Shanshan Battery Materials, which is calculated …
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Very good overview of the weekly steel market.
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