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Taiwan’s China Steel Corporation (CSC) has seen its revenue and profits fall in May along with a drop in carbon steel sales, following an increase one month earlier, Kallanish notes. In the given month, CSC sold 824,849 tonnes of carbon steel, down 0.4% from April but up 2.9% year-on-year. However, year-to-date sales were down 5.9% on-year to 3.87 million t, improving slowly from the decline of 7.5% registered in April. Monthly operating income and net prof…
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Kallanish Asia
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