28
Feb
02:44
Kunming Steel's profits hit historical high in 2018
The Yunnan Daily reports that Kunming Iron & Steel (Kungang) achieved CNY 100 billion ($14.8 billion) in revenue last year, up 7.7% year-on-year. The company's consolidated profits hiked 73.7% to CNY 1.518 billion, reaching the highest level in its history, Kallanish notes.
Kungang's iron, crude steel and finished steel output were 7.272 million tonnes, 6.682mt and 7.306mt respectively, up 14.3%, 9.3% and 14.5% y-o-y. Its cok…
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Anonymous
Very good overview of the weekly steel market.
Anonymous