18
Jul
16:14
Hesteel Serbia to meet profit target for 2017
Flat steelmaker Hesteel Serbia (HBIS Group Serbia Iron and Steel) will meet its target to achieve a profit of €20 million ($23m) in 2017, says its Chinese parent company Hesteel's president, Yu Yong.
China's Hesteel intends to invest $120m in the Serbian steelworks this year on improving production structure, energy usage and cost reduction by improving technology. Yu stated so during a visit to the plant, according to a statement on the website of …
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Anonymous
Very good overview of the weekly steel market.
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