28
Aug
12:19
Baosteel's profits drop
Baosteel, the main listed arm of China's biggest steelmaker Baowu Group, has reported to the Shanghai Stock Exchange that the company saw its operating revenue and operating costs drop by -7.88% and -6.5% year-on-year to CNY 129.77 billion ($18.91 billion) and CNY 117.2 billion in the first half of this year. Baosteel completed 48.1% and 49.0% of its annual targets for total operating income and total costs for 2020 in the first half of this…
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Anonymous
Very good overview of the weekly steel market.
Anonymous