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28 Feb
09:18

Daye Special's net profit rises in 2018

China’s Daye Special Steel increased both income and profits in 2018. The company plans to increase steel output in 2019, particularly its finished steel volumes, Kallanish notes. Daye Special plans to produce 1.27 million tonnes of crude steel in 2019, along with 2.37mt of finished steel It also expects sales to reach 2.37mt. It plans to upgrade a 75-tonne direct current EAF with a new pin-type bottom electrode which requires no mainte…
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