29
Mar
08:19
China’s steel industry records huge losses
For the first two months of the year, China’s steel industry as a whole has experienced huge losses due to weak markets, Kallanish learns from data given by the National Bureau of Statistics.
China’s steel smelting and rolling sector reports a loss of CNY 14.61 billion ($2.02 billion) for January-February, more than recorded in the same period of last year despite revenue being 2.9% higher at CNY 1.22 trillion. Compared with December’s gain of CN…
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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