14
Mar
07:07
Daye Special reports strong 2017 revenues and profit
Central China’s Daye Special Steel says its growing profit in 2017 benefited from cost cutting, a recovering global economy and increasing domestic steel prices, Kallanish notes.
The company produced 1.145 million tonnes of crude steel and 2.047mt of steel products last year, up by 1.33% and 18.6% respectively from 2016.
Daye especially highlighted soaring demand from the railway and forging steel sectors, which increased by 33% and 144% last year from …
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Anonymous
Very good overview of the weekly steel market.
Anonymous