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20 Apr
11:54

Fushun Special reports profit declines

China-listed Fushun Special Steel on Thursday reported falling profits for both the first quarter of 2023 and the whole year of 2022 compared with the corresponding period a year earlier. The year-on-year decline has narrowed significantly however, Kallanish learns from exchange filings. In Q1 this year, the company produced 73,700 tonnes of alloy structural steel, 21,500t of stainless steel and 16,900t of tool steel, hiking 20.04% and 3.12% but falling 2.76% year…
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