09
Jan
20:30
China's Valin Group posts increased profits for 2019
Valin Steel, located in southern China's Hunan province, said on 9 January that the group's total profit in 2019 increased by 7.6% over that in 2018 to CNY 8.5 billion ($12.26 billion). The steel mill's sales revenue for the same period was CNY 133 billion, Kallanish notes.
The steelmaker’s listed company announced the same day on the Shenzhen Stock Exchange that Valin's finished steel output totalled 22.88 million tonnes …
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