11
Mar
08:01
Nangang posts steady financial results for 2023
China-listed Nanjing Iron & Steel Co., Ltd. (Nangang) has maintained its earnings for 2023 compared with the prior year, despite the market downturn, Kallanish notes.
In 2023, Nangang produced nearly 10.4 million tonnes of finished steel, up 5.63% on-year. Its Indonesia Kinrui project, housing 2.6m t/year of coking capacity, was also fully commissioned, and saw 1.46mt coke output.
Annual sales volume stood at 10.33mt, up 5.91% on the prior year. Export orders…
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Anonymous
Very good overview of the weekly steel market.
Anonymous