26
Aug
02:59
New projects support Shangang revenue
Shandong Iron & Steel's listed company reported to the Shanghai Stock Exchange (SSE) an increased operating income and operating costs during the first half of this year. This was driven by new projects put into production in H1, Kallanish notes.
During the reporting period, the company's operating revenue increased by 30.06% on-year to CNY 32.35 billion ($4.5 billion), while its operating costs also rose 34.57% to CNY 29.81 billion.
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Anonymous
Very good overview of the weekly steel market.
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