18
May
09:52
Shougang reports April output for key products
Shenzhen-listed steelmaker Shougang has reported a year-on-year increase in the production of its key products for April this year.
Monthly and year-to-date output of automotive plate reached 320,000 tonnes and 1.3 million tonnes respectively, up 5.9% and 8.3% year-on-year, Kallanish notes.
For electrical steel, production stood at 140,000t in April, up 21.8% y-o-y, and 550,000t over January-April, surging by nearly a quarter. Within this, high magnetic induction…
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Anonymous
Very good overview of the weekly steel market.
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