11
May
11:28
Most listed Chinese steelmakers gain in first quarter
Of the 37 China-listed steel enterprises, 36 posted net profit in the first quarter, but the amount of profit and growth did not show a strong correlation with the companies’ main business, Kallanish notes.
Baosteel, Valin Steel and CITIC Pacific Special Steel ranked top three with profit of CNY 5.36 billion ($834 million), CNY 2.05 billion and CNY 1.93 billion respectively, up 247.76%, 81.06% and 49.2% year-on-year.
Chongqing Steel had the largest gro…
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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