22
Jan
00:00
Zhaogang tops 3m tonnes online steel trading in 2014
Even as China physical traders and stockists have been vastly reduced in number over the last year, online steel trading platforms have multiplied. Zhaogang is now among the biggest, with 3.04 million tonnes of sales in 2014, but the online market is also facing difficult times, Kallanish notes.
Zhaogang saw sales volumes soar 520% in 2014, its first year of serious trading volumes. It also saw revenues hit Yuan 9.5 billion ($1.55bn) from Yuan 1.76…
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Anonymous
Very good overview of the weekly steel market.
Anonymous