07
Nov
09:31
HEG profits soar, Chinese exports seen declining further
China’s application of winter production restrictions is likely to be stricter this year versus 2017, and its steel exports should continue declining in the near future, according to Indian graphite electrode producer HEG.
The company’s revenue soared 338% on-year in the second fiscal quarter through September to INR 1,793.80 crores ($247.2 million) and net profit ballooned almost eight-fold to INR 888.90 crores. Graphite electrode production capacit…
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Anonymous
Very good overview of the weekly steel market.
Anonymous