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11 Feb
05:49

Fangda Special steelmaking margin surges in 2017

Fangda Special Steel has released operating details for its steel business in 2017 to the Shanghai Stock Exchange. The report shows Fangda Special’s steelmaking margin/tonne surged to CNY 1,171/tonne ($185.84) in 2017, up CNY 764/t from 2016, Kallanish notes. The steelmaker produced 3.07 million tonnes of pig iron, 3.65mt of crude steel and 3.69mt of steel products in 2017, respectively down -2.54%, up 1.39% and up 2.29% year-on-year. The report data show&…
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