24
Oct
03:49
Bayi produces more steel and returns to profit
Northwestern China’s Xinjiang Bayi Iron & Steel, a Baowu group subsidiary, has reported its nine-monthly results to the Shanghai Stock Exchange, Kallanish notes. It has increased steel output and returned to profit,
The steelmaker posted CNY 12.58 billion ($1.90 billion) in sales revenue in the first nine months of 2017, up by 82.5% year-on-year. Over the same period Bayi returned to profit, achieving CNY 865.26 million in net attributable pr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous