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10 Apr
11:55

Chinese steel mills expect positive first-quarter performance

The listed arms of several major Chinese steel companies have predicted a positive performance in the first quarter. They typically cite winter production restrictions, active restocking and year-on-year increases in steel prices for profit growth, according to their announcements on the Shanghai and Shenzhen stock exchanges, Kallanish notes. North-eastern China's Lingyuan Iron & Steel, southern Shaogang and eastern Sangang Mingang all publishe…
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