25
Aug
05:28
Baosteel revenues and profits surge in first-half 2017
Baowu Iron & Steel Group’s listed company Baosteel has posted a surge in both revenues and profits in the first half of 2017, Kallanish notes.
The steelmaker reported CNY 169.93 billion ($25.5 billion) in sales revenue and CNY 6.17 billion in attributable net profits in the first half year, up by 59.91% and 64.91% year-on-year respectively. The results demonstrate the sharp contrast in profitability at different steelworks however.
In…
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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