27
Apr
05:53
Taigang Stainless posts first quarter profit
Taigang Stainless, the listed company of inland China’s Shanxi Taiyuan Iron & Steel Group, has reported a net profit in the first quarter of 2017 of CNY 321.75 million ($46.7m). Chinese stainless steel firms have been profitable and are continuing to boost output, Kallanish notes.
The stainless steelmaker also estimates a positive first half of 2017 based on its current steel business. The company attributes its Q1 profits to s…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous