28
Nov
06:35
Chinese ferrous sector remains in the red
The year-on-year decline in Chinese ferrous sector’s year-to-date profit expanded in October, according to the National Bureau of Statistics (NBS). That implied narrowing losses in the month due to improvements since the toughest time in the middle of the year.
The ferrous sector registered an operating income of CNY 686.78 billion ($95.31 billion) in October, down just 1.8% month-on-month and 17.3% y-o-y. Ten-month income through October stood at more…
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