21
Aug
01:00
Magang sees losses grow as revenue tumbles
Eastern China’s Maanshan Iron and Steel (Magang) has reported a net loss of Yuan 730.27 million ($119m) for the first half of 2014, down from a loss of Yuan 332.82m in the same period of last year. The company also saw a 21.89% decline in operating revenue to Yuan 28.86 billion, Kallanish notes.
The steelmaker receiv…
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