31
Aug
06:42
Anyang Steel turns to loss in first half
Henan Province-based Anyang Steel turned to a loss in the first half of 2020. Although it was profitable in the second quarter, in view of the large loss in Q1, the company's H1 performance still represented a loss, Kallanish notes.
Anyang's H1 operating revenue dropped by -7.34% year-on-year to CNY 13.8 billion ($2.02 billion), and net loss attributable to shareholders was CNY 341 million. Due to the Covid-19-related shutdown in most of Q1, Anya…
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Anonymous
Very good overview of the weekly steel market.
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