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04 May
11:07

Zhaogang contributes towards Chinese steel exports to Korea

Major Chinese steel online trading platform Zhaogang is developing its steel export business, according to the Economic Observer. Last year China exported 14.35 million tonnes of steel products to South Korea, and according to Zhaogang chief executive Wang Dong, 17% of this was through Zhaogang, Kallanish notes. Zhaogang turned losses into profit in 2016 with CNY 36 billion ($5.22 billion) in revenue and more than CNY 30m in sales margin. This year it expects to…
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