01
Nov
06:44
Banksteel doubles net profit over Jan-Sep
One of the top three Chinese steel online sales platforms, Banksteel, which shares a parent with MySteel, achieved CNY 51.52 billion in sales revenue and CNY 27.22m ($4.11m) in net profit over January to September. This was up by 92.54% and 112.30% respectively year-on-year, according to the company's Q3 earnings report.
Over the same period the total traded volume on the Banksteel online platform reached 33.29 million tonnes, while average daily trading rea…
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Anonymous
Very good overview of the weekly steel market.
Anonymous