19
Aug
04:31
Kungang improves performance in first half
China’s Kunming Iron & Steel (Kungang) completed its production efficiency and cost cutting targets during the first half of 2019. As a result, it improved its year-on-year financial performance, Kallanish notes.
Kungang posted operating revenues of CNY 14.9 billion ($2.12 billion), up by 32.1% year-on-year. Its profit rose by 30% y-o-y to CNY 912 million. It produced 3.53 million tonnes of iron, 3.89mt of steel and 3.86mt of steel products.
…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous