14
Oct
17:32
More Chinese steelmakers predict declining profits
Operating conditions for Chinese steel mills have not improved in the third quarter, and most steel companies are still predicting a decline in profits via their listed company reports, Kallanish notes.
Domestic stainless steel industry major Shanxi Taigang Stainless Steel released its performance forecast for the first three quarters of 2019 on 14 October. It expects to see net attributable profits of CNY 1.7-2 billion ($240-282 mi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous