22
May
11:45
Shangang announces its annual targets for 2018
Shandong Iron & Steel (Shangang) has announced details of its annual targets for 2018. It plans to reach a combined 21.15 million tonnes in total of steel production and sales volumes, according to the steelmaker’s report via its official media.
It plans to reach an operating revenue of CNY 134.8 billion ($21 billion) in 2018, with operating costs of CNY 143.8 billion. It expects to achieve CNY 2.56 billion in operating profits this year, Kallanis…
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Anonymous
Very good overview of the weekly steel market.
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