06
Mar
02:21
Citic Special Steel grows profits in 2019
Citic Pacific Special Steel Group managed to boost its annual performance despite most Chinese steel mills having faced squeezed profits, according to its 2019 annual report monitored by Kallanish.
For 2019, Citic Special posted operating revenues of CNY 72.62 billion ($10.47 billion), an increase of 0.6% year-on-year. Its net attributable profit rose by 50.4% y-o-y to CNY 5.39 billion.
It produced 6.5 million tonnes of pellets, 4.81mt of coke, 11.95mt of iron, 1…
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Anonymous
Very good overview of the weekly steel market.
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