15
Dec
04:59
Hegang forecasts profits' surge for 2017
Major Chinese steelmaker Hebei Iron & Steel Group (Hegang) is anticipating a strong set of results for 2017.
The company estimates that in 2017 its iron, crude steel and steel products' output will be respectively 42.7 million tonnes, 46.0mt and 44.8mt, according to its 2018 work conference. It produced 44.91mt of crude steel in 2016, Kallanish notes.
Hegang also predicts a record CNY 323 billion ($48.86 billion) in annual s…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous