17
Aug
08:08
Yongjin reports falling production, earnings
China-listed Yongjin Metal Technology, a leading cold rolled stainless steel manufacturer, reported a decrease in both production and turnover for the first half of the year, according to the company’s exchange filing.
In H1, the company’s stainless steel production and sales were both around 1.17 million tonnes, down 4.23% and 3.31% from a year earlier, Kallanish notes. Within this, 300 series products accounted for about 85%, and the remainder was 40…
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