29
Oct
08:43
Chinese steel news platform merges with peer
Chinese steel news platform Mysteel's parent company, Shanghai Ganglian, and its subsidiary Gangyin Online-trading have both released their third-quarter reports. Ganglian, meanwhile, intends to purchase 47.61% of CUSteel’s shares, Kallanish notes.
Shanghai Ganglian's Q3 operating revenue was CNY 27.5 billion ($4 billion), a year-on-year increase of 39%. Gross profit and net attributable profit to the parent company were CNY 195…
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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