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26 Oct
05:41

Liugang increases steel products' output over January-September

Southwestern China’s Liuzhou Iron & Steel (Liugang) produced 5.203 million tonnes of steel products in the third quarter of 2017. Output over Q1-Q3 grew by 28.2% year-on-year to 8.57mt of steel products, according to company announcements on the Shanghai Stock Exchange. Steel products' output in Q3 alone was more than Q1 and Q2 combined. Liugang attributes a surge in margins to increasing domestic steel prices and comp…
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