22
Jun
08:15
CSC’s earnings retreat in May as sales fall
Taiwan’s China Steel Corporation (CSC) has seen its revenue and profits fall in May along with a drop in carbon steel sales, following an increase one month earlier, Kallanish notes.
In the given month, CSC sold 824,849 tonnes of carbon steel, down 0.4% from April but up 2.9% year-on-year. However, year-to-date sales were down 5.9% on-year to 3.87 million t, improving slowly from the decline of 7.5% registered in April.
Monthly operating income and net prof…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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