Cookie & Privacy Policy

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. View the privacy policy to find out more here.
Latest prices

Latest news

24 Apr

Hegang steel profits rise but margins fall

The listed arm of Hebei Iron & Steel (Hegang) has revealed a breakdown of its steel profits in 2017 (see table below). It attributes the profit growth to cost control and recovered steel prices. Total financial costs also fell by -7.2% from 2016, Kallanish notes. Steel business margins fell overall however. Last year Hegang listed company reported CNY 108.98 billion ($17.29 billion) in operational revenue and CNY 1.84 billion in net attributable pr…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
Login to read article
– OR –
Signup for a Free Trial
Share article
Twitter X

Take a Free trial

Get daily steel news redirect to your inbox each day,
along with prices.