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26 Jan
10:22

More listed Chinese steelmakers expect losses in 2023

Three listed Chinese steel companies, Bayi Iron & Steel, Shandong Iron & Steel and Lingyuan Iron & Steel, all expect to report net losses in 2023, Kallanish notes. 2023 profit forecasts Company Expected 2023 net loss 2022 net profit (loss) Bayi Iron & Steel CNY 1.121 billion ($157 million) (CNY 1.367 billion)  Shandong Iron & Steel CNY 370-450m CNY 555m Lingyuan Iron & St…
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