16
Jul
10:04
Three Chinese steelmakers predict soaring first-half profits
Anshan Iron & Steel (Angang), Jiugang Hongxing Iron & Steel and Shougang Iron & Steel have released their first-half-year earnings forecasts, following Shagang, Valin and Anyang Iron & Steel. All steelmakers have so far predicted an increase in first-half profits, mainly citing strong end user demand and cost control, Kallanish notes.
In the first half of the year it is estimated that the net profit attributable to s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous