11
Jul
11:07
Shougang Group unveils half-year results
China’s Shougang Group saw operating income and profit in the first half of 2022 reach 55% and 68.6% of the annual guidance respectively. However, the group did not announce specific figures, according to its official WeChat news release.
Meanwhile, Shougang Group produced 16.3 million tonnes of iron, 17.82mt of crude steel, and 17.06mt of finished steel in H1, Kallanish notes. “The physical output has fully exceeded the planned tasks, and the blast fu…
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Anonymous
Very good overview of the weekly steel market.
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