31
Mar
03:57
Liugang Group's profit slumps in first quarter
Liuzhou Iron & Steel Group (Liugang Group) in Guangxi province expects to report a small decrease in operating income and a significant decline in total profit in the first quarter of 2020, Kallanish notes. The Chinese steelmaker says that that despite the great difficulties encountered in Q1, its financial targets for this year remain unchanged.
Liugang Group expects to have produced 3.16 million tonnes of iron and 3.43mt of crude steel in…
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Anonymous
Very good overview of the weekly steel market.
Anonymous