05
Jul
10:18
Valin posts rising profit, ultra-low emission plans
Hunan Valin Steel predicts its net profit will be CNY 5.6 billion ($867 million) for the first half of 2021, up 71-83% year-on-year, Kallanish notes.
Profit attributable to shareholders in the second quarter came to CNY 3.2-3.6 billion, an increase of 56-75% y-o-y, the company estimates. Both net and attributable profits reached new records.
The profitability of the industry improved early in the year based on strong demand. The company has also been continuously…
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Anonymous
Very good overview of the weekly steel market.
Anonymous