31
Jan
08:19
Baosteel maintains profit, updates Saudi project
Baosteel's listed company on the Shanghai Stock Exchange (SSE) announced its 2023 performance data on Wednesday. The company also updated its steel investment project in Saudi Arabia.
Baosteel's operating income fell by 6% to CNY 346.92 billion ($48.33 billion) in 2023, and operating profit increased by 2.21% to CNY 15.95 billion during the same period. However, the company's total profits only saw an increase of 0.08% to CNY 15.05 billion, and net pro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous