28
Oct
05:19
Weak market drags down Fangda Carbon's profit
China’s Fangda Carbon New Materials Company has announced its third-quarter financial report. Its operating performance has suffered due to the downtrend in graphite electrode prices, Kallanish notes.
Impacted by the falling prices of its main products, both Fangda’s operating revenue and net profit are shrinking. In the third quarter, the company realised operating revenues of CNY 1.70 billion ($240.37 million), down -26.1% quart…
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