19
Feb
08:33
Angang announces 2021 production, investment plans
Anyang Iron & Steel (Angang) has released its production and investment plans on the Shanghai Stock Exchange, while its profit decreased in 2020.
Angang aims for total output this year to reach 9.08 million tonnes of iron, 9.4mt of crude steel and 9.8mt of finished steel, up 23.54%, 22.08% and 20.69% respectively from the targets for 2020, Kallanish notes. The goal for annual sales revenue meanwhile was set at CNY 39.5 billion ($6.1 billion), up 40.57% ye…
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Very good overview of the weekly steel market.
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