09
Jul
04:36
Hebei steel industry profits soar
Hebei province's steel industry achieved a total profit of CNY 33.431 billion ($5 billion) in the first five months of 2018, a year-on-year increase of 119.66% and accounting for 35.08% of the province's industrial profits. This is according to the Hebei Metallurgical Industry Association.
Although steel companies have gradually eliminated some capacity during the year, the increase in domestic demand and high steelmaking margins are still driving high s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous