27
Oct
10:00
China Yongjin’s profits swell in third quarter
China-listed stainless steel manufacturer Yongjin Technology Group has registered strong earnings for the third quarter of the year, but year-to-date profits were still lower on-year, Kallanish notes.
In the September quarter, Yongjin’s stainless steel production swelled by 36% year-on-year to 808,650 tonnes, taking y-t-d production to over 1.97 million t with a yearly increase of 9%. Within this 400 series cold rolled products grew faster at 103.4% and 34.6…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous