20
Aug
04:00
Daye Special sees rising profits in first half
China’s Daye Special Steel saw both operating and attributable income rise in the first half of 2019. The company attributed the improved performance to increased production and sales volumes and effective cost reduction, Kallanish notes.
Daye has completed 50.9% of its annual sales target and sold 1.2m of steel, up 8.28% year-on-year. In H1 2019, it produced 636,500t of crude steel and 1.21mt of finished steel, increases of 9.51% and …
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Anonymous
Very good overview of the weekly steel market.
Anonymous