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26 Jan
04:35

More Chinese steelmakers signal improved profits for 2017

Chinese steel companies have majorly enjoyed a good 2017 (see Kallanish passim) and three more have given upbeat guidance on respective financial performances for last year. Northern China’s Baotou Iron & Steel (Baotou), eastern Hangzhou Iron & Steel (Hanggang) and northeastern Lingyuan Iron & Steel (Linggang) have all announced positive 2017 profit forecasts on the Shanghai Stock Exchange. These three companies estimate year-on-year growth in …
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