06
May
12:20
Fushun Special Steel returns to profit
Fushun Special Steel’s first-quarter business report shows operating income at its listed arm increased by 1.47% year-on-year to CNY 1.58 billion ($234 million). The company also returned to profit, with net attributable profit up to CNY 50.41m from a CNY 21.94m loss in Q1 2018, Kallanish notes.
Fushun Special Steel’s reorganisation has solved its debt problem and its operating conditions have been greatly improved, the compa…
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Anonymous
Very good overview of the weekly steel market.
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