28
Jul
11:16
Baowu produces 61.47mt of steel in H1
China Baowu Group has seen rapid growth in the first half of 2022. Although the steel industry is facing a crisis, Baowu has improved its competitiveness through mergers and acquisitions of leading companies in the steel industry.
According to Baowu's public report, it produced 61.47 million tonnes of crude steel in January-June 2022, equivalent to 51.25% of 2021's steel output. Revenue and total profits were CNY 496.2 billion ($73.52 b…
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Anonymous
Very good overview of the weekly steel market.
Anonymous