27
Sep
05:55
Chinese ferrous sector losses decelerate in August
In August, the second month of the traditional low demand season, losses in China's steel industry decelerated due to stable income and lower costs as raw materials prices retreated, Kallanish learns.
The whole industry achieved an operating income of CNY 671.56 billion ($93.77 billion), remaining stable month-on-month but down 20.09% year-on-year. The combined income over January-August fell by 8.1% to CNY 5.92 trillion, according to the National Bureau …
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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