01
Nov
06:35
Chongqing Steel turns sharply into profit
Chongqing Iron & Steel (Chonggang), which was previously bankrupt and restructured by Baowu Group-led Siyuanhe Fund, has returned to profit in the first three quarters of this year. The main reasons for the improved performance are reduced production costs and higher production, Kallanish notes.
From January to September this year, the output of iron, crude steel and finished steel at Chonggang was 4.21 million tonnes, 4.75mt an…
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Anonymous
Very good overview of the weekly steel market.
Anonymous