26
Nov
05:55
Xilin Steel to double profits in 2019
The Jianlong Group subsidiary Xilin Steel had achieved CNY 906 million ($129m) in total profit from CNY 13.15 billion in operating revenue by the end of October 2019, the group reveals. The steelmaker predicts that it will double its profits in 2019 compared with those of CNY 577 million in 2018, Kallanish notes.
Xilin Steel produced 3.31 million tonnes of crude steel In the first ten months of 2019, up by 14.5% compared to its tota…
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Anonymous
Very good overview of the weekly steel market.
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