25
Apr
11:48
CISA members' first quarter sales margin increases
Member companies of the China Iron & Steel Association (CISA) achieved CNY 23.284 billion in net profit in the first quarter of 2017, reversing a CNY 8.748 billion loss in Q1 2016. The sales margin also increased from last year to 2.77%, although this is still lower than the national average for industrial companies of 5.92% over January-February, Kallanish notes.
Ma Jianguo, the executive vice president of CISA and former Ma’anshan Iron & Steel ch…
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Anonymous
Very good overview of the weekly steel market.
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