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18 Jan
08:18

Average Chinese 2018 steel prices to rise: Shagang

The chairman of Shagang’s listed company Shen Bin estimates that average Chinese steel prices in 2018 should be higher than 2017. This is according to an interview with the executive during the China Iron & Steel Association (CISA) 2018 board meeting. Over January to November 2017 CISA member companies' total sales revenue and profits soared by 35.1% and 360% year-on-year hitting CNY 3.35 trillion ($522 billion) and CNY 157.8 billion…
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