23
Jul
10:28
Production restrictions hit Hegang profit
Hegang has predicted a weaker performance in the first half of 2018 despite almost the whole industry forecasting higher profits. Steelmakers such as Nanjing Iron & Steel (Nangang), Xinyu Iron & Steel (Xingang) and Baosteel Desheng all predicted a positive performance in H1, with only Zhongyuan Special Steel expecting a decline, Kallanish notes.
Hegang has not yet detailed its profit prediction for H1; however, it reported to the Shen…
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Anonymous
Very good overview of the weekly steel market.
Anonymous