27
Oct
05:52
Magang reports increased outputs over January-September
The listed arm of eastern China’s Ma’anshan Iron & Steel (Magang) Group reports CNY 52.865 billion ($7.95 billion) in sales revenue and CNY 2.74 billion in net attributable profits over quarters 1-3 of 2017. These are up by 60.24% and 260.78% respectively year-on-year.
Over the same period Magang Group produced 13.6 million tonnes of pig iron, 14.69mt of crude steel and 13.82mt of steel products, up 5.71%, 8.08% and 6.81% y-o-y respecti…
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Anonymous
Very good overview of the weekly steel market.
Anonymous