24
Apr
06:44
Anyang returns to profit year-on-year in first quarter
China’s Anyang Iron & Steel’s listed arm has reported CNY 6.26 billion ($992.59 million) in operational revenue and CNY 128.79m in net attributable profits for the first quarter of 2018. The steelmaker has therefore turned a loss into profit year-on-year, according to the Shanghai Stock Exchange.
Anyang believes that its profit could further increase in Q2 as pressure both from steel production restrictions and price fluctuations will b…
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Anonymous
Very good overview of the weekly steel market.
Anonymous