30
Jul
04:52
Shangang sees increased profits with higher output
China's Shandong Iron & Steel Group saw higher operating revenue and increased profits along with the growth of its iron and steel output during the first half of 2019, Kallanish notes.
In H1 this year, the group's iron, crude steel and finished steel output reached 12.46 million tonnes, 12.95mt and 12.3mt respectively, 16%, 17% and 15% higher year-on-year. Due to increased production, the group's operating revenue and net profit also i…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous