21
Oct
10:04
Shagang, Angang performances rebound amid economic recovery
Jiangsu Shagang Group and Liaoning Anshan Iron & Steel (Angang) have seen significant improvements in their recent performance. This is thanks to China’s recovering economy and improved steel market conditions during the peak season in the second half of 2020, Kallanish notes.
Shagang Group realised revenue of CNY 187 billion ($28 billion) and paid CNY 14.5 billion in taxes from January to September, Shagang executive vice president Chen Shaohui sai…
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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