19
Apr
04:49
Angang first quarter profits rise strongly
The listed arm of China’s state-owned Anshan Iron & Steel Group (Angang) reports CNY 21.51 billion ($3.42 billion) in revenue and CNY 1.59 billion in net attributable profits for the first quarter of 2018.
This represents increases of 11.1% and 48.7% year-on-year respectively, according to its notice on the Shenzhen Stock Exchange. The company says that profit growth was supportd by improved steel output, higher steel prices, reduced pr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous