29
Apr
06:24
Shanxi Coking’s production slumps in first quarter
Shanxi Coking Coal released its first quarter report on 25 April. It earned operating revenue of CNY 1.442 billion ($214 million), down by -20% year-on-year. Its net attributable profit increased however by 37.6% y-o-y to CNY 473m, Kallanish notes.
In the first quarter, Shanxi Coking Coal produced 611,000 tonnes of coke, a reduction of -18.4% y-o-y. Its sales volume slumped by -22.4% y-o-y to 631,500t. The revenue it earned from coke also decreased by …
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Anonymous
Very good overview of the weekly steel market.
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