14
Aug
07:20
Beijing Shougang’s earnings slump in first half
China-listed Beijing Shougang Co., Ltd. has reported falling earnings for the first half of the year, despite its iron and steel output hiking during the period, according to its exchange filing.
In H1, Shougang produced 11.61mt of iron and 12.24mt of crude steel, growing 2.9% and 1% from a year earlier, respectively, Kallanish learns. Meanwhile, finished steel output rose 2.3% to 11.72mt. Within this, half-year production of cold rolled flat steel products was 92…
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Anonymous
Very good overview of the weekly steel market.
Anonymous