29
Jan
07:02
Strong demand lifts Shanxi Coking's 2020 profit
Strong demand for coke in China stimulated the earnings of coking companies in 2020. China Shanxi Coking's performance forecast released this week shows it expects profits will have more than doubled last year, Kallanish notes.
According to its report posted on the Shanghai Stock Exchange, Shanxi Coking expects to see net profit attributable to shareholders of CNY 1.024-1.164 billion ($159-181 million). This would be an increase of 116.01-1…
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Anonymous
Very good overview of the weekly steel market.
Anonymous