02
Nov
07:07
Shagang exported 4.69mt of steel over Q1-Q3
Jiangsu Shagang Group exported 4.696 million tonnes of steel products in the first nine months of 2017, earning CNY 17.13 billion ($2.59bn) in foreign currency. Over the same period the group achieved CNY 164.6 billion in sales revenue, while profits grew by 220.24% year-on-year to CNY 12.34 billion, hitting a group record for the first three quarters, according to the company, Kallanish notes.
Shagang attributes the profit increase to the recovering steel marke…
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Anonymous
Very good overview of the weekly steel market.
Anonymous