27
Oct
10:59
China's steel industry losses narrow again in September
Monthly losses in China’s steel industry narrowed again in September as the extreme hard times of summer passed, but the year-to-date earnings of the whole sector slipped further to a negligible figure, Kallanish notes.
The ferrous sector saw an operating income of CNY 699.42 billion ($96.7 billion) in the reporting month, down 4.15% month-on-month and 16.34% year-on-year, according to the National Bureau of Statistics (NBS). Total income in the year through…
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Anonymous
Very good overview of the weekly steel market.
Anonymous