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29 Nov
08:22

Shangang hikes steel exports in year-to-date October

According to the latest public data released by the Shandong Iron & Steel Group, its operating revenue from January to October 2018 increased by 21.9% year-on-year. At the same time, the group's steel exports volumes also saw a y-oy increase of 103%, Kallanish notes. In the first ten months of 2018, the Shangang group achieved a total operating revenue of CNY 27.876 billion ($3.9 billion). This generated a profit of CNY 55.54m, an on-year …
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