11
Jul
06:00
Hegang estimates higher first half 2017 profits
Hebei Iron & Steel has estimated that its first half 2017 net profit attributable to shareholders will have reached CNY 1.15-1.27 billion ($169-187 million), growing 181.2%-210.5% year-on-year, the listed arm of the company reported. Hegang attributes the margin increase to the good steel market, cost controls and its production management, Kallanish notes.
Northwestern Jiuquan Iron & Steel (Jiugang) has also estimated around CNY 350 million in net …
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Anonymous
Very good overview of the weekly steel market.
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