28
Jan
03:12
Fushun Special Steel aims for profitability
Shortly after Fushun Special Steel's listed arm announced its reorganization had been completed on 25 January, it also released its 2018 performance forecast. Fushun Special Steel expects to see a net profit of CNY 2.4 billion-2.8 billion ($356-416 million) for 2018, Kallanish notes.
The listed company notes, however, that the profit forecast is mainly due to non-recurring gains from the restructuring, with an impact of CNY 2.75…
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Anonymous
Very good overview of the weekly steel market.
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