03
May
09:59
Special steelmakers in China report profitable first quarter
Five special and stainless steelmakers in China have published their first quarter 2017 results and all are enjoying thick margins. Fushun Special Steel, Jiuquan Iron & Steel Hongxing (Jiugang), Wujin Stainless and Daming International Holdings have all published their operational results over January-March (see table below).
POSCO Zhangjiagang has also reported 40.5% growth in operating profit to KRW 52 billion ($45.88 million) in Q1, Kallan…
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Anonymous
Very good overview of the weekly steel market.
Anonymous